Standard Chartered:
- raises China's 2025 GDP forecast to 4.9%
- says yesterday's data showed mixed signals: exports resilient, investment a sharp decline, with weakness spreading beyond the property sector
- consumption weakened
- continued weakness in domestic demand, particularly in investment
- expects additional fiscal support measures
- overcapacity and global uncertainty may delay investment plans in the near term
- expects tariff truce between China and the US to be extended,
