HSBC Halves China's 2026 Retail Sales Forecast | China's Growth Story Hits a Wall
Edited By WION Video Desk
Published: May 24, 2026, 09:16 IST | Updated: May 24, 2026, 09:16 IST
HSBC has sharply cut its forecast for China’s retail sales growth in 2026, citing weak consumer confidence, a prolonged property market slump, and slowing domestic demand. The downgrade adds to concerns over the health of the world’s second-largest economy, which has struggled to regain momentum despite multiple stimulus measures from Beijing.
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