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17th Mar 2025 10:23China+Daily Monitor

  • China’s key activity data for the first two months of 2025 beat market expectations on all fronts.
  • Local governments have stepped up investment, while manufacturing is roaring ahead.
  • But consumption spending is making only gradual progress; funding is key to the new plan.

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Keywords for: 18 March 2025 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence