China, Sept. 29 -- The economy of the People's Republic of China (PRC) is forecast to grow by 4.7% in 2025, unchanged from the April projection and close to the government's target of about 5.0%, according to the Asian Development Outlook (ADO) September 2025 released today by the Asian Development Bank (ADB). Growth is expected to moderate to 4.3% in 2026.Expansionary fiscal policy, robust industrial activity, and strong exports drove higher-than-expected gross domestic product growth in the first half of 2025. However, the worsened external environment as well as the ongoing property market weakness and subdued household income growth and consumption are expected to continue weighing on growth in the second half of the year and into 2026....