The change in the US administration presents challenges for China and other regions in the Asia-Pacific, said rating agency S&P Global. An increase in US tariffs has become more likely, especially on Chinese goods, and potential changes in the US macroeconomic landscape are leading to varied interest rate expectations.S&P Global expected China's stimulus measures to support growth, but potential US tariff hikes could squash the Chinese economy. It revised down its 2025-2026 economic growth forecasts for China, predicting a GDP growth of 4.1% in 2025 and a further slowdown to 3.8% in 2026, marking a decrease of 0.2 and 0.7 ppts respectively from September (before the US election).Related NewsBuilding Permits Prel for Oct in United States is 1.416M, lower than the previous value of 1.425M. The forecast was 1.43M.