Trial now
CHINA RATES

Yields Hover Around 12-Month Lows

IDR

Rupiah Firms In Spite Of Lockdown Extension

US TSYS

Tencent Woes Weigh On Risk Appetite

US TSY FUTURES

TYU1 Lifted

KOREA RATES

US/SK 2-Year Spreads Hold Widening Move

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

China's GDP growth is projected to reach 12.3% in the first half of the year and 8.8% for full-year 2021, the Securities Times reported citing Liu Xiaoguang, associate professor at National Academy of Development and Strategy, RUC. Macro policy should focus on stabilizing industrial growth, boosting effective investment and further expanding domestic demand in H2, the newspaper said citing policy meetings of local authorities. H2 recovery driver will swift to domestic consumption from strong exports and production in H1, which needs increased fiscal spending in H2, the newspaper said citing Cheng Shi, chief economist of ICBC International.