China stimulus calls are growing louder — inside and outside the country

Key Points

The world’s second-largest economy has remained under pressure from a real estate slump and tepid consumer confidence.
“We believe the risk that China will miss the ‘around 5%’ full-year GDP growth target is on the rise, and thus the urgency for more demand-side easing measures is also increasing,” Goldman Sachs analysts said in a report.
“The current policy to stabilize the property market is clearly not enough,” said Xu Gao, Beijing-based chief economist at Bank of China International.

Source

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