China Economy May Stabilize if Government Steps up Policy Support
Dow Jones
Jul 15
0831 GMT - The Chinese economy may stabilize if Beijing steps up policy support, UOB economist Ho Woei Chen says in a research note. China's real GDP growth slowed more than expected for 2Q, the economist says. The bank lowers its 2026 growth forecast to 4.6% from 4.7% after factoring in GDP growth of around 4.6% for 2H. "While a large-scale stimulus package appears unlikely, selective and targeted measures to bolster consumption and investment could help stabilise China's economic momentum after the slowdown in 2Q," UOB says. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
July 15, 2026 04:31 ET (08:31 GMT)
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