China: Growth slowdown with uneven momentum – DBS
The post China: Growth slowdown with uneven momentum – DBS appeared on BitcoinEthereumNews.com. DBS economists Radhika Rao and Mo Ji project China’s Gross Domestic Product (GDP) growth to slow from 5.0% year-on-year in Q1 to 4.8% in Q2. They note resilient industrial production and strong export growth driven by AI-related electronics, but highlight weak retail sales, subdued household sentiment, and continued drag from declining property prices and falling fixed asset investment. AI exports offset weak consumption “Economic growth is expected to decelerate from 5.0% yoy in Q1 to 4.8% in Q2, amid uneven domestic momentum.” “Industrial production is expected to improve from 4.5% in April to 4.6% in June, amid resilient external demand.” “Exports growth should have maintained its momentum with growth of 20.4% in June, driven by regional AI-electronic demand.” “However, retail sales growth is projected to moderate to 0.5% in June 2026, partly due to a high base effect from last year’s tra