0931 GMT - China will need stronger policy support in the later part of this year, UOB economist Ho Woei Chen writes in a note. That would come when the high base and payback from strong front-loading in 1H could contribute to a sharp reversal in growth momentum, she adds. It only expects China's central bank to cut rates by an additional 10 bps in 4Q, with the seven-day reverse repo rate ending the year at 1.30%, she says. The prospect of another 50bp cut to the reserve requirement ratio remains, UOB adds. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

June 30, 2025 05:31 ET (09:31 GMT)

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