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Recently, Deutsche Bank's chief economist for the China region, Xiong Yih, and Deutsche Bank's Asia Macro Strategy Analyst Perry Kojodjojo, released a research report analyzing the key economic points of this tariff adjustment. In April of this year, Deutsche Bank's research suggested a bullish outlook on the offshore renminbi exchange rate, further supporting this prediction. At the same time, it is believed that there is room for further upward revision of China's economic growth forecast, as the country aims to achieve a growth target of around 5% for the full year. It is expected that China will adopt more proactive policies.
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