Eswar Prasad
Coverage of Eswar Prasad in the Nexus archive.
- China’s economy slows to 4.3% annual pace of growth in April-June
China’s economy grew at a 4.3% annual pace in April-June 2026, the slowest since late 2022, despite strong export growth driven by artificial intelligence and electric vehicles. Domestic spending and investment lagged, and the International Monetary Fund forecasts 4.6% growth for 2026 but 4.1% for 2027. Analysts highlight an imbalanced growth model with heavy state support for advanced technologies like AI and robotics, while lower-value sectors stagnate.
- China’s economy grows at 5% in first quarter, shrugging off initial impact of Iran war
China's economy grew 5% in Q1 2026, outperforming expectations despite the Iran war's global impact. Industrial output and exports remained strong, but retail sales slowed, and the IMF reduced its 2026 growth forecast to 4.4% due to war-related risks.