The International Monetary Fund (IMF) has revised its growth forecast for China in 2026 to 4.4%, a slight decrease from its earlier estimate of 4.5%. This adjustment is attributed to the global economic disruptions stemming from the ongoing conflict in Iran. Despite some easing of US tariffs on Chinese goods and domestic stimulus measures, the IMF warns that China's economic outlook is weakening, with projections indicating a further decline to 4.0% by 2027. Key structural challenges such as a prolonged slowdown in the housing sector, a shrinking labor force, and declining productivity are contributing to this outlook. The IMF also noted that while China's exports remain strong, the broader regional growth for emerging and developing Asia has been adjusted down to 4.9%. Additionally, global growth is now expected to be 3.1%, reflecting a 0.2% downgrade. The conflict in the Middle East is anticipated to negatively impact tourism and remittance flows in South and Southeast Asia, with the Philippines experiencing a 1.5% cut in its growth outlook. Conversely, India's growth forecast has been upgraded to 6.5% for 2026, benefiting from reduced US tariffs.