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China’s Economic Slowdown Weighs on Global Markets Amid Trade Tensions
China’s Economic Slowdown Weighs on Global Markets Amid Trade Tensions
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BTCCSquare news:
China's economy shows signs of strain as Q2 growth is projected to slow to 5.1%, down from 5.4% in Q1, according to Reuters consensus. The deceleration stems from sluggish exports, persistent deflationary pressures, and waning consumer confidence. Morgan Stanley warns of further softening, with Q3 growth potentially dipping to 4.5% amid tariff impacts and unfavorable base effects.
June customs data revealed a temporary export boost as manufacturers raced to beat U.S. tariff deadlines. Analysts anticipate Beijing may deploy additional fiscal stimulus—500 billion to 1 trillion yuan—by late Q3 to stabilize growth. The looming question remains whether these measures can offset the drag from global trade headwinds.
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