China’s economy slowed in April. And although US tariffs have had a bigger impact on consumer confidence than export growth, broader external headwinds will drive down export growth later this year. Growth in fiscal spending is set to pull back over the second half of the year, and monetary easing is unlikely to do much to help boost private credit demand. As a result, we expect the economy to slow further.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services