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China's premier urges 'objective' understanding of the economy

  • Premier Li Qiang urged a “comprehensive and objective” read of the economy and called for stronger counter‑cyclical measures to stabilise employment and boost domestic demand.
  • Q2 GDP is due Wednesday, with analysts forecasting growth slowing to about 4.5% from 5% in Q1 — at the low end of Beijing’s 4.5–5% target.
  • Markets are watching a late‑July Politburo meeting for possible stimulus, though most analysts don’t expect aggressive action unless growth weakens further.
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