0752 GMT - China's economy is likely to sharply weaken as trade tensions continue, says UOB economist Ho Woei Chen in a commentary. The economist points out that China's latest economic data showed some clues, as manufacturing and non-manufacturing sectors lose steam in April amid the worsening trade war. Export orders slumped with frontloading activities scaling back sharply, she adds. UOB expects China's economic growth to slip to around 4.6% on-year in 2Q and to below 4% in 2H. It keeps its full-year 2025 GDP growth forecast at 4.3% for now. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
April 30, 2025 03:52 ET (07:52 GMT)
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