In today’s briefing:
- Lucror Analytics – Morning Views Asia
Lucror Analytics – Morning Views Asia
- In today’s Morning Views publication we comment on developments of the following high yield issuers: China Vanke, Longfor Group, Cikarang Listrindo
- The Chinese government has announced a GDP growth target of “around 5%” for 2025 (matching the growth target and actual level achieved in 2024), according to Premier Li Qiang’s annual government work report unveiled during the Two Sessions meeting.
- Meanwhile, the government has raised the fiscal budget deficit target to 4% of GDP (vs. 3% previously), and lowered its annual CPI inflation target to “around 2%” (reflecting downward pressure on prices).
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