economic stimulus

Goldman Sachs says China’s GDP growth slips to 4%, fueling easing bets

China's economic growth has fallen further below Beijing's annual target at the start of the third quarter, with Goldman Sachs estimating GDP expansion slowed to about 4%, intensifying expectations that policymakers will soon deliver fresh monetary stimulus.

China taps $1.6T housing fund to combat deepening slowdown

China is opening up its 10.9 trillion yuan ($1.6 trillion) housing provident fund for a broader range of uses, marking Beijing's first concrete policy response after July economic data revealed a deepening slowdown across consumption, investment, and industrial output.