China's Q2 Growth Seen Slowing to 4.6% as Weak Demand and Energy Shocks Weigh
Updated
Updated · Nikkei Asia · Jul 6
China's Q2 Growth Seen Slowing to 4.6% as Weak Demand and Energy Shocks Weigh
1 articles · Updated · Nikkei Asia · Jul 6
Summary
Economists surveyed by Reuters expect China's April-June growth to slow to 4.6%, down from 5% in the first quarter.
Weak domestic demand and a prolonged property slump are seen dragging on activity, underscoring persistent strains in the world's second-largest economy.
Middle East uncertainty has added pressure through energy shocks, raising risks for growth as higher costs weigh on businesses and consumers.
The forecast points to a softer second quarter for China as external geopolitical risks compound long-running domestic weaknesses.