V i e w p o i n t | 02 Jul 2025 06:16:49 ET │ 9 pages China Economics Steady Growth into the Summer – June/Q2 Data Preview CITI'S TAKE We maintain our growth forecast at a steady 5.2%YoY for 25Q2E, though June's monthly indicators could be more mixed. Given the strong outturn in 25H1, we see firm policy determination to meet the GDP target this year despite little urgency to strike the policy put soon. Our policy expectations on the upcoming Politburo meeting are thus realistically muted (see: 25H2 Outlook: ...

China Weekly: May Mixed Growth, Softer Fiscal Condition; June Weaker Home Sales High frequency: weaker home sales in June, softer port activities 30-city property sales declined further to -9% YoY in the first 21 days of June from - 3% YoY in May. That in tier 1 cities slid to -4% YoY, tier 2 cities narrowed decline to - 12% YoY and tier 3 cities declined by -6% YoY. Port cargo throughput and container throughput growth both softened to -1% YoY and 2% YoY in the first 15 days (vs 4% YoY and 7% YoY in May). ...