China Beats Dreary Expectations, But More Work Needed To Support Growth

ING Economic and Financial Analysis5.24K FollowersFollow5ShareSavePlay(9min)CommentsSummaryChina's first batch of hard economic activity data for 2026 beat the rather downbeat forecasts.But there's still work to be done to support the domestic economy and achieve this year's growth targets - especially as inflation risks are picking up.All eyes remain on the policy rollout in China in the months ahead and whether this will be sufficient to achieve the goals. We maintain our 4.6% YoY GDP forecast for 2026 for now. Toa55/iStock via Getty Images By Lynn Song, Chief Economist, Greater China Property prices continued to decline, albeit at a slower pace One of the core drivers of China's soft domestic demand has been the protracted downturn in the propertyThis article was written byING Economic and Financial Analysis5.24K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.