CHINA'S GDP GROWTH SET TO SLOW, RAISING PRESSURE ON POLICYMAKERS

China's economy is expected to have slowed down in the second quarter from a solid start to the year as trade tensions with the United States added to deflationary pressures, reinforcing expectations that Beijing may need to roll out more stimulus.

The world's second-largest economy has so far avoided a sharp slowdown in part due to a fragile U.S.-China trade truce and policy stimulus, but markets are braced for a gloomier second half pressured by slowing exports, weak consumer demand, and a persistent property downturn.

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