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29th Apr 2025 11:41China+Daily Monitor

  • China’s April PMIs reveal the initial hit from the tariff stand-off, with steep drops in new export orders.
  • Neither the US nor China appears ready to relent at this stage, so further weakness lies ahead.
  • China is rolling out an eclectic set of growth-support measures, but won’t go for mega-stimulus.

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Keywords for: 1 May 2025 China+ Monitor

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