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Deputy Head China Stats Bureau: The economy remains stable and resilient despite a Q2 slowdown
The deputy head of China’s statistics bureau said the economy remains stable and resilient despite a Q2 slowdown.
— First Squawk (@FirstSquawk) July 15, 2026
Added at 9:23pm
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China’s CPI and PPI are staying in reasonable ranges despite widespread global price increases, according to the statistics bureau deputy head.
— RedboxGlobal (@RedboxWire) July 15, 2026
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China’s statistics bureau said replacing old economic growth drivers with new ones is a gradual process that cannot happen immediately.
Fed's Williams: Growth in the economy is solid and on trend, and the labor market is likewise solid and stable. FED'S WILLIAMS: EXPECT OVERALL INFLATION TO DECLINE TO AROUND 3.25% BY YEAR-END, CONTINUE TOWARD OUR 2% GOAL IN 2027 AND LAND ON TARGET IN 2028 || MEDIUM- AND LONGER-TERM INFLATION EXPECTATIONS REMAIN WELL ANCHORED FED'S WILLIAMS: INFLATION IS UNQUESTIONABLY TOO HIGH AT ABOUT 4% || ENCOURAGING REASONS TO EXPECT THAT INFLATION HAS PEAKED AND SHOULD EDGE DOWN IN COMING QUARTERS 
Stability of Thy Times Thank you, Steve, for that introduction. And thank you, Rob, for what will surely be a fantastic discussion. Today’s event is an example of a great partnership in action. The New York Fed and the Partnership for New York City both have missions that are focused on promoting economic prosperity and stability. We’ve enjoyed a strong and fruitful relationship over the years, sharing ideas, data, and resources with each other in an effort to better understand how New York City can be best positioned for long-lasting economic success. This has been especially true during times of disruption and uncertainty. That’s why this is such a fitting place for this discussion. When Rockefeller Center was built during the Great Depression, these words were chosen to be inscribed in stone: “Wisdom and knowledge shall be the stability of thy times.” If you didn’t see it on your way in, make sure to take a look on your way out. Or just rewatch the opening credits of 30 Rock.
Stability of Thy Times Thank you, Steve, for that introduction. And thank you, Rob, for what will surely be a fantastic discussion. Today’s event is an example of a great partnership in action. The New York Fed and the Partnership for New York City both have missions that are focused on promoting economic prosperity and stability. We’ve enjoyed a strong and fruitful relationship over the years, sharing ideas, data, and resources with each other in an effort to better understand how New York City can be best positioned for long-lasting economic success. This has been especially true during times of disruption and uncertainty. That’s why this is such a fitting place for this discussion. When Rockefeller Center was built during the Great Depression, these words were chosen to be inscribed in stone: “Wisdom and knowledge shall be the stability of thy times.” If you didn’t see it on your way in, make sure to take a look on your way out. Or just rewatch the opening credits of 30 Rock.
In the first half year, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments fully implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of pursuing progress while ensuring ...
