Overview
- Analysts forecast second-quarter GDP expansion above 5 percent driven by exporters front-loading shipments ahead of planned U.S. tariff hikes
- China’s producer price index fell 3.6 percent year-on-year in June, marking the steepest decline in nearly two years amid tepid consumer spending
- A tariff truce struck in Geneva and London is set to expire in August, raising the risk of renewed U.S. levies on Chinese exports
- Economists at the China Chief Economists Forum led by Lian Ping and analysts at Moody’s Analytics urge forceful fiscal support and structural reforms to bolster household incomes and confidence
- Official Q2 GDP figures due July 15 will be closely watched for clues on whether Beijing will signal stronger stimulus measures for the second half