China's economic growth is expected to decelerate slightly in the second quarter, with GDP projected to increase by 4.8% year-on-year, down from 5.0% in the first quarter. This forecast comes from DBS economists Radhika Rao and Mo Ji, as reported by FX Street.
The modest slowdown reflects ongoing challenges in sustaining the rapid recovery seen earlier this year. While growth remains positive, the slight dip may signal caution for investors monitoring the region's economic trajectory.
For Japanese markets, China's growth outlook is particularly relevant given the close trade ties and the impact on FX and equities influenced by shifts in Chinese demand and investor sentiment.