Framing Analysis
China's Q2 2026 GDP expanded 4.3 percent year-on-year, the slowest pace in more than three years and below the government's 4.5-5 percent full-year target. Data released July 15 showed June retail sales up 1 percent and industrial output up 5.3 percent, with trade affected by Middle East disruptions. Official figures also recorded 5 percent growth in Q1 2026.