US President Donald Trump's policies have been dominating global market developments, Belinda Boa, Head of Active Investments for APAC and CIO of Emerging Markets at BlackRock, said. Hence, due to numerous market uncertainties, volatility is expected to continue. China's supportive policies are sufficient to sustain economic growth, Lu Wenjie, Head China Investment Strategist at BlackRock, said. So far, many policies have focused on ways such as consumer subsidies and trade plans, which have indeed supported overall consumption, while the drag from real estate investment has also been offset by China's strong investments. Related NewsSPDB Int’l Expects US Fed to Resume Rate Cuts as Early as Sep, Observes Whether Tariff Is One-off Impact on InflationTherefore, Lu believed that China is likely to achieve a 5% real growth this year. However, he believed that overall confidence among domestic consumers and investors will remain low, and the wealth effect will not be significant.