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28th Aug 2024 18:11China+Daily Monitor

  • An October cut is our base case, with a month’s delay if the BoK needs more time to monitor financial risks.
  • Korea’s 20-day export data indicate solid external demand for full-month August, due to the chip cycle.
  • Renewed EU demand more than offset slowing ASEAN exports; China is the biggest downside risk.

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Keywords for: 29 August 2024 China+ Monitor

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