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macroAug 17, 2026, 1:18 PM

China fiscal support seen offsetting weak demand: Standard Chartered

Standard Chartered economists say China’s July activity data showed weaker momentum, with estimated monthly GDP growth slipping below 4.3%.

Standard Chartered economists Hunter Chan and Shuang Ding pointed to softer momentum in China’s July real activity data. Their estimate shows monthly GDP growth dropping below 4.3%.

The analysts noted that fiscal support is expected to help offset the weakness in domestic demand.

Source: FXStreet Forex News