Goldman Upgrades Forecast for 2026 China Current-Account Surplus

Goldman Sachs Group Inc. revised its forecast for China’s current-account surplus this year after incorporating data for the fourth quarter, when the measure of trade in goods and services rose to a record.

The US bank now sees the surplus at 4.3% of gross domestic product in 2026, compared with 4.1% previously, according to a report. It reached 3.7% of GDP last year, exceeding Goldman’s forecast of 3.5%, economists led by Yuting Yang said.