Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Stanchart Says CN 1Q Econ +5% YoY Beats, Estimates Full-yr GDP +4.6%; No Rate Cut This Yr
Recommend 5 Positive 5 Negative 2 |
||||
|
||||
|
A report by Standard Chartered Global Research said China's economy grew 5% YoY in 1Q26, beating street consensus of 4.8%, on the back of stabilising domestic demand and robust exports. Exports advanced 14.7% YoY, underpinned by China's sustained competitiveness, tariff reductions, and strong demand for its new energy and AI-related products. Meanwhile, the bank viewed the Central Political Bureau meeting in July as a key event to watch for potential additional policy actions. It maintained its full-year GDP growth forecast at 4.6% and, as rising commodity prices are driving faster-than-expected domestic reflation, it expected no rate cut this year. Auto-translated by AI AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
