0853 GMT - China's exports seem set to keep being a growth catalyst in 2025 even as mounting risks pose uncertainty, DBS economists say. The paramount threat is trade tensions, and they expect the new U.S. administration and the EU to keep up tariffs against China. But there are several factors that can cushion the impact, Mo Ji and other economists say. Chinese exporters may find opportunities to reroute goods destined for the U.S. via alternative trading partners. The U.S. will likely raise duties on other countries too, diluting the effect on China, which is also better placed to withstand the protectionist climate than it was before, DBS adds. Rising demand from emerging markets plus more stimulus may also help offset the potential loss of trade income from the U.S., DBS says. (fabiana.negrinochoa@wsj.com)
(END) Dow Jones Newswires
November 12, 2024 03:53 ET (08:53 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。