Economy
PBOC Signals Cautious Easing Amid Subdued Inflation Backdrop
The central bank's measured stance balances growth support against financial-stability considerations.
China Executive Insights
The central bank's measured stance balances growth support against financial-stability considerations.
Retail spending and travel data point to a steady normalization, with services contributing the lion's share.
First-quarter expansion underscores the effectiveness of Beijing's policy mix to stabilize growth and investment.
Despite global headwinds, China's economy demonstrates strong resilience with steady recovery and structural upgrades.