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China: Moderate slowdown with modest policy support – BNP Paribas
요약
BNP Paribas reports that Chinese GDP growth accelerated to 5.0% year-on-year in Q1 2026 from 4.5% in Q4 2025, but is expected to slow moderately over the year. The bank highlights a K-shaped trajectory, with dynamic exports but sluggish domestic demand and ongoing property sector stress.