China’s LEI drops again, CEI shows modest gain in February: TCB

China’s LEI fell 0.3 per cent in February, continuing a nearly 3-year decline, with weak consumer confidence a key drag.
The index dropped 1.6 per cent over six months, suggesting near-term downside risks.
Meanwhile, the CEI edged up 0.1 per cent, showing modest current activity.
The Conference Board projects 2025 GDP growth to slow to 4.7 per cent.