Analysts awaiting details of China\u2019s economic performance in the first half of the year, which are due to be released on Tuesday, will be looking to see whether more fiscal stimulus is needed to weather the tariff storms emanating from Washington.<\/p>\n
While the market largely expects second-quarter economic growth to reach 5 per cent, in line with the full-year target, concerns linger that the rosy headline figure could mask persistent weakness in domestic demand and employment.<\/p>\n
On top of these structural challenges at home, rising external uncertainty \u2013 particularly amid shifting US trade policy \u2013 has emerged as a pressing concern, prompting many economists to call for stronger fiscal support.<\/p>\n
\u201cIn the second half of the year \u2026 the economy will remain under intense external challenges and shocks,\u201d economists led by Lian Ping, chairman of the China Chief Economists Forum, said in a note issued on Wednesday.<\/p>\n
\u201cAchieving the full-year growth target will not be easy, and will require more forceful, innovative, wide-ranging and targeted policy measures,\u201d they wrote, citing the pressures on the domestic economy stemming from the trade war with the United States.<\/p>\n
Similarly, central bank adviser Huang Yiping said during a panel discussion at the World Economic Forum\u2019s Annual Meeting of the New Champions in Tianjin last month that he \u201cwould be very much in favour of a proactive fiscal policy\u201d if external uncertainties were to trigger a downturn in the domestic economy.<\/p>\n","protected":false},"excerpt":{"rendered":"Analysts awaiting details of China\u2019s economic performance in the first half of the year, which are due to…\n","protected":false},"author":3,"featured_media":55958,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,74,69,79,41088,31647,31648,17785,17909,2175,8304,67,132,68],"class_list":{"0":"post-55957","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-china","10":"tag-donald-trump","11":"tag-economy","12":"tag-first-half-of-the-year","13":"tag-gdp","14":"tag-gross-domestic-product","15":"tag-howard-lutnick","16":"tag-national-bureau-of-statistics","17":"tag-tariffs","18":"tag-trade-war","19":"tag-united-states","20":"tag-unitedstates","21":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114832803444745891","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/55957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=55957"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/55957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/55958"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=55957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=55957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=55957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}