Stable growth expected amid inflation


Source: ce.cn ce.cn

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China is likely to see a notable rebound in economic growth in the second half of the year as a package of stimulus policy measures takes effect, but rising consumer inflation may pose a challenge, experts said. The national economy is gradually recovering from recent COVID-19 shocks, they said, and the country will likely see positive growth in the second quarter. Looking at the rest of the year, they expected the easing of strong fiscal policy and targeted monetary policy to prop up growth. This could include forceful infrastructure spending and stronger support for small and medium-sized enterprises and manufacturing....