China's GDP growth set to slow, raising expectations for more stimulus

China’s growth likely cooled in Q2 (from ~5.0% to around 4.5%) as weak domestic demand and a protracted property slump offset overall gains.
Exports remain the bright spot—bolstered by AI-related shipments and firms rushing goods ahead of possible U.S. tariffs—while consumption and investment lag.
Policymakers are expected to prefer modest fiscal support (faster spending, bond issuance) over big rate cuts; markets are watching a late‑July Politburo meeting for clues.