
April Brent crude oil prices to average $10o/bbL Reflecting this, we have slightly lowerect by 0.1pp (to 4.796 from 4.896) and incn2sts. We nov xport growth Is likely a robust 10% yoy, March exports are expected to bxrplus, We have revised oul Tags Econonis Rusench Mco Cinsia Paife Gsia ex kpun Follow ECONOMICS TEAM rch2026 ia, 13 March 2026 13 March 2026 stronger industrial production, inmproving, retail sales, ancnent, 13 March 2026 h2026 6March2026 ch2026 wl.27Felry 2026 inl, 8 January 2026 The China Economics Team 852-2078-6614 892 2578-1802