Normal Chartered:
- raises China’s 2025 GDP forecast to 4.9%
- says yesterday’s knowledge confirmed combined indicators: exports resilient, funding a pointy decline, with weak point spreading past the property sector
- consumption weakened
- continued weak point in home demand, significantly in funding
- expects further fiscal help measures
- overcapacity and world uncertainty might delay funding plans within the close to time period
- expects tariff truce between China and the US to be prolonged,
This text was written by Eamonn Sheridan at investinglive.com.
Source link
