Standard & Poor's on Wednesday said China's government has significant capacity to support economic growth, if needed.
China has not introduced any large stimulus this year despite growing economic tensions, but it remains an option if conditions deteriorate sharply, it said.
S&P's said the government may be prepared to pump money into the economy if the currently stable unemployment rate rises steeply. In such a situation, the cost of losing more inflation credibility would likely be a secondary consideration in a period of top leadership changes, it noted.
Even in a country fabled for far-sighted policymakers, near-term social stability is valued much more than long-term policy credibility, S&P said.
The agency expects 8.2 percent real growth for next year after slowing to about 8 percent in 2012.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.