US EditionChina mulls economy-boosting measures to counter 'severe situation'
CHINA, JUL 18 – China aims to stimulate domestic consumption with new policies as growth slows to 5.2% in Q2 amid ongoing trade tensions with the United States, officials said.
- On July 18, 2025, Wang Wentao, Minister of Commerce of China, said `plentiful` toolbox, acknowledging a `very severe and complex situation`.
- Official data showed Tuesday that China faces a very severe and complex situation, while analysts warn that more must be done to boost sluggish domestic consumption amid global trade turmoil.
- China leans on exports to offset weak spending, while Pop Mart's Labubu dolls highlight new consumption trends.
- Wang Wentao said, `the fact that the US and China seek de-escalation makes artificial decoupling and severing supply chains impossible`, while efforts after London talks indicate cautious optimism.
- Wang Wentao said that Beijing aims to shift towards a domestic demand-driven growth model, signaling a strategic shift toward domestic demand.
57 Articles
57 Articles
China mulls economy-boosting measures vs 'severe situation'
BEIJING, China — China has a “plentiful” toolbox to avoid an economic slump in the second half of the year, its commerce minister said Friday as he admitted it faced a “very severe and complex situation.” Growth hit 5.2 percent in the second quarter, official data showed Tuesday. But analysts have warned that more must be
China faces a "very serious and complex situation." Despite rising growth in the second quarter, measures are needed to counter a slowdown due to low consumption, deflationary pressures and persistent trade tensions.
‘Plentiful’ toolbox: China mulls economy-boosting measures to counter ‘severe situation’
China has a “plentiful” toolbox to avoid an economic slump in the second half of the year, its commerce minister said Friday as he admitted it faced a “very severe and complex situation”. Chinese Commerce Minister Wang Wentao. File photo: China’s State Council Information Office. Growth hit 5.2 percent in the second quarter, official data showed Tuesday, but analysts have warned that more must be done to boost sluggish domestic consumption as ex…
China's economy faces a "very serious and complex situation," warned its Trade Minister, who suggested that the government will take action in the second half of the year in the face of the situation.]]>
Although China's GDP officially increased by 5.2% in the second quarter of the year, broad support measures will be needed to avoid an economic slowdown in China's economy.
Coverage Details
Bias Distribution
- 48% of the sources are Center
To view factuality data please Upgrade to Premium
