China’s economy slowed in the second quarter even as it topped market forecast in a show of resilience against U.S. tariffs, though analysts warn of underlying weakness and rising risks that will ramp up pressure on Beijing to roll out more stimulus.

S&P 500 EPS growth is expected to come in at 4.8% for Q2, which would be the lowest growth rate since Q4 2023.

China’s economy posts supply-driven 5.2pc growth in Q2Chinese exports show resilience to US tariffsBut other indicators point to rising vulnerabilitiesPressure on jobs

Some economists in Singapore have raised their full-year growth forecast for 2025, following better-than-expected second quarter results. According to advance estimates, Q2 GDP expanded 4.3% despite US tariff uncertainty,

China's economy is likely to have cooled in the second quarter after a solid start to the year, as trade tensions and a prolonged property downturn drag on demand, raising pressure on policymakers to roll out additional stimulus to underpin growth.

SINGAPORE] The economy expanded 4.3 per cent year on year in the second quarter of 2025, extending the pace of growth in the previous quarter, advance estimates from the Ministry of Trade and Industry (MTI) showed on Monday (Jul 14).

Alternatively, Q2 may register a large increase in inventories, even as imports subside, which means that Q2 GDP growth could look artificially strong, just as Q1 growth looked artificially weak.

The U.S. economy is expected to see its strongest quarterly growth of the year in the second quarter of the year, according to Bloomberg consensus estimates.