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2nd Apr 2025 09:40China+Daily Monitor

  • China will seek to prop up domestic demand in response to the US tariff hikes…
  • …But this won’t mitigate the hit to growth fully, so we cut our 2025 GDP growth forecast by 0.4pp, to 4.0%.
  • Serious trade talks are likely to get underway soon, but the US is unlikely to roll back the tariff hikes fully.

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Keywords for: 4 April 2025 China+ Monitor

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