Tardy China Stimulus Sets Up Second Quarter of Sub-Target Growth

China's economic growth is lagging behind the 2026 target set by its leaders, with the latest quarter showing continued underperformance. Despite recent stimulus measures from policymakers, their timing was off, failing to make a significant impact on the economy. This delay underscores the challenges China faces in maintaining its growth trajectory, which has implications for global markets given China's economic clout. It's a critical reminder of the need for timely and effective economic interventions.