Global Markets Buoyant on US Strength; China Sets Modest Growth Targets at Key Congress
• Global markets at record highs on US economy resilience, cooling inflation, AI stock frenzy • China's National People's Congress starts Tuesday; growth target around 5% expected • Credible stimulus plan needed to sustain China market rebound • Recent China data mildly encouraging but expectations very low • Key Asia economic data this week South Korea GDP/inflation, Australia GDP, China services PMI