China Economy

China economy

2026-07-10 22:39:13

China's Q1 2026 GDP Grew 5%, Beating Forecasts Amid Iran War Shadows

China's Q1 2026 GDP grew 5% year-on-year, exceeding market expectations, showcasing economic resilience despite initial difficulties from the Iran war. Economists warn of long-term risks but data boosts risk asset sentiment.

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China Economy

2026-07-04 04:15:42

China’s June Non-Manufacturing PMI Rises to 50.2, Supporting Risk Sentiment

China’s official June non-manufacturing PMI came in at 50.2, above the market expectation of 49.9 and marking the second consecutive month in expansion territory. The services sub-index improved to 50.4, with telecommunications, internet software, and IT services standing out as stronger segments. While real estate and construction remained in contraction, the broader reading suggested that parts of the Chinese economy are still showing resilience. For global markets, the data point matters because it helps improve near-term risk sentiment and may reduce perceived tail risks across risk assets, including crypto. The report was cited by Techub, referencing Cryptobriefing.

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