China Q3 GDP growth seen sub-5%, raising calls for more stimulus
China’s economy is on track to expand by just under 5% in the third quarter, according to Societe Generale’s Greater China economist Michelle Lam, underscoring the risk of renewed slowdown pressure heading into year-end.
Lam said the weaker momentum is likely to intensify calls for fresh policy easing as authorities seek to shore up growth through the winter. Beijing has already rolled out targeted support measures in recent months, but the data trajectory suggests markets may be looking for a more forceful stimulus response.
