Analysis by Region - Asia Pacific - Hong Kong SAR

The nature and bewildering pace of President Trump's policy announcements have been alarming, but the impact on aggregate emerging market (EM) 2025 GDP is broadly in line with the baseline projections we made shortly after the US election. An earlier passthrough of tariffs is offset by a positive carryover from China's stronger-than-anticipated Q4 2024 growth.


Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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