Stability still watchword for policymakers in H2
Moves can be expected from the Chinese monetary authority, if the upcoming economic data disappoint the market, as analysts said economic stability remains the policymakers' priority in the second half of this year.
Major economic indicators will be published over the next week, including second quarter GDP, industrial output and fixed-asset investment growth. Some economists predicted a slightly moderate growth in the April-to-June period, compared with 6.4 percent in the first three months.
In face of even more uncertainties related to US-China trade tensions, once the first half economic report slips off the policymakers' expected zone, a series of policies, especially in terms of monetary and fiscal policies, will debut later this month to stabilize growth and ease market sentiment, analysts said.