Economic activity slowed sharply during the second quarter as investment and domestic demand weakened. Policymakers are expected to accelerate measures already authorised rather than announce broad stimulus during the late-July Politburo meeting. Monetary policy is also expected to remain unchanged, with no further interest-rate or reserve-requirement cuts this year. Weak credit growth reflects limited borrowing demand rather than insufficient liquidity, while record-low bank margins restrict the central bank's room to cut rates. Related articlesChina economic growth set to slow in H2 as Beijing avoids broad stimulusKuwait signs $16 billion oil pipeline deal with Blackstone, KKR and BrookfieldGood cop, bad cop?