China is about to announce its first-quarter economic data, with a Bloomberg survey estimating GDP growth at 4.8%
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China is about to announce its first-quarter economic data, and a Bloomberg survey shows that GDP is expected to grow by 4.8% year-on-year. This figure will be higher than the 4.5% in the fourth quarter of 2025, marking the slowest growth rate since the pandemic. Economists believe that the impact of the Iran war on the economy is limited, and China's energy security and economic resilience have strengthened. If the data is robust, it may reduce the need for additional stimulus policies. It is expected that the People's Bank of China will not cut interest rates this year, and policymakers will adopt a wait-and-see approach
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