China Q2 GDP Growth Slows to 4.3% as Weak Domestic Demand and Property Slump Drag Down Quarterly Growth

China's Q2 GDP grew 4.3% year-on-year, slowing from 5% in Q1 and missing market expectations.

Weak domestic demand and a prolonged property slump dragged down growth, despite strong exports of AI-related products.

June retail sales rose only modestly, fixed-asset investment contracted in H1, and property investment declined sharply.

The Q2 reading fell below Beijing's annual growth target range of 4.5% to 5%.

Analysts expect Chinese policymakers to roll out targeted fiscal measures to revive consumption and support the property sector.