Home›Forex›Central Banks›China growth slows to 4.3% as soft demand persists, ec…

China growth slows to 4.3% as soft demand persists, economists say

Standard Chartered expects China to lean on faster infrastructure fiscal spending and a more accommodative monetary stance, keeping its 2026 growth forecast at 4.6%.

Reported · Written up by our desk · Central Banks

Standard Chartered economists Hunter Chan and Shuang Ding said China’s Q2 GDP growth slowed to 4.3% year-on-year, coming in below the 4.5% to 5.0% target range as domestic demand stayed soft.

They pointed to a mix of stronger exports and industrial production alongside weak consumption and investment, suggesting external demand has helped offset softer household and capital spending.

The economists expect accelerated fiscal spending focused on infrastructure, paired with an accommodative monetary stance, as policymakers try to support activity.

For the full year outlook, Standard Chartered maintained its 2026 growth forecast at 4.6%.

More like this

Sources