China's Growth Will Get a Boost From Tariff Reprieve, Morgan Stanley Says
A trade truce with the U.S. will boost China's economy, Morgan Stanley said.
Some exports could be front-loaded as companies try to take advantage of the trade ceasefire.
China's economic growth rate could top the bank's 4.5% forecast for the three months through June.
Growth in the following quarter could beat the roughly 4% level that Morgan Stanley previously expected.
'The tariff pause offers a reprieve from what had begun to resemble a bilateral trade embargo,' economists including Robin Xing wrote.
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