According to Nomura, the likelihood of China setting a 5% growth target for 2025 has increased.

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According to Nomura, the likelihood of China setting a 5% growth target for 2025 has increased.

Forex - Nomura analysts stated that notes from China's Politburo meeting and the CEWC indicate an increased likelihood of Beijing setting its GDP growth target at around 5.0% for 2025. According to Nomura, after moving towards much bolder stimulus measures and agreeing to support growth, policymakers may aim to maintain a target around 5.0% to boost confidence. Additionally, Beijing may attempt to extend the momentum of the nascent economic recovery by setting a high target. Another reason for keeping the target around 5.0% could be to signal that Beijing will not yield to threats of a 60% tariff and other restrictive measures from Trump.