China: Growth resilience reshapes policy outlook – Commerzbank

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Commerzbank’s Dr. Henry Hao notes that China’s Q1 2026 GDP grew 5.0% year-on-year, at the top of Beijing’s 4.5%–5.0% target, easing immediate pressure for aggressive stimulus.

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/ China's Q1 2026 GDP growth at 5.0% year-on-year meets the upper limit of Beijing’s target, indicating strong economic performance.
/ Reduced need for aggressive economic stimulus measures due to the robust growth figures.
/ Potential shift in policy focus towards maintaining stability rather than boosting economic activity.

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China: Growth resilience reshapes policy outlook – Commerzbank

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