Politburo calls for accelerated infrastructure spending to meet growth target as global headwinds mount

20260730 China economy

Beijing has turned more cautious on its growth outlook for second half of 2026, betting on bond funding and infrastructure spending to keep the economy ticking. © Reuters

SHANGHAI — China’s top decision-making body on Thursday vowed to expand trade ties, while striking a more cautious tone on the domestic economy in the face of crisis in the Middle East and trade tensions with major trading partners.