{"id":520105,"date":"2026-07-11T00:53:20","date_gmt":"2026-07-11T00:53:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/520105\/"},"modified":"2026-07-11T00:53:20","modified_gmt":"2026-07-11T00:53:20","slug":"china-growth-slowdown-with-uneven-momentum-dbs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/520105\/","title":{"rendered":"China: Growth slowdown with uneven momentum \u2013 DBS"},"content":{"rendered":"<p>DBS economists Radhika Rao and Mo Ji project China\u2019s Gross Domestic Product (GDP) growth to slow from 5.0% year-on-year in Q1 to 4.8% in Q2. They note resilient industrial production and strong export growth driven by AI-related electronics, but highlight weak retail sales, subdued household sentiment, and continued drag from declining property prices and falling fixed asset investment.<\/p>\n<p>AI exports offset weak consumption<\/p>\n<p>&#8220;Economic growth is expected to decelerate from 5.0% yoy in Q1 to 4.8% in Q2, amid uneven domestic momentum.&#8221;<\/p>\n<p>&#8220;Industrial production is expected to improve from 4.5% in April to 4.6% in June, amid resilient external demand.&#8221;<\/p>\n<p>&#8220;Exports growth should have maintained its momentum with growth of 20.4% in June, driven by regional AI-electronic demand.&#8221;<\/p>\n<p>&#8220;However, retail sales growth is projected to moderate to 0.5% in June 2026, partly due to a high base effect from last year&#8217;s trade-in subsidy programs.&#8221;<\/p>\n<p>&#8220;Meanwhile, declining property prices continue to weigh on household wealth, suggesting consumption is likely to stay subdued in the near term.&#8221;<\/p>\n<p>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. <a href=\"https:\/\/www.fxstreet.com\/info\/how-fxstreet-uses-ai?utm_medium=internal&amp;utm_source=ai-disclaimer\" rel=\"nofollow noopener\" target=\"_blank\">Know more.<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"DBS economists Radhika Rao and Mo Ji project China\u2019s Gross Domestic Product (GDP) growth to slow from 5.0%&hellip;\n","protected":false},"author":2,"featured_media":319190,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-520105","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/520105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=520105"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/520105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/319190"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=520105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=520105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=520105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}