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China's second-quarter economic growth came in below Beijing's full-year target range of 4.5% to 5%, the weakest quarterly performance since 2022. Investment slumped in the period, fanning calls for additional stimulus.
The target Beijing missed The 4.5% to 5% annual range was already the least ambitious growth goal Beijing has set in decades, the report indicates. Second-quarter output came in beneath even that restrained band.
The shortfall compresses the room available to reach the full-year number without fresh intervention in the back half.
Investment and what it moves Investment drives the physical side of China's economy: capacity buildout and the upstream supplier orders that flow from it.
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