Growth in China Will Remain Pretty Solid, Says Goldman Sachs’s Tang

The transcript discusses the economic momentum and recovery, noting a slight decline in April due to residual seasonality factors. It highlights the use of special purpose bonds in Q4 and Q1 for infrastructure projects, which significantly contributed to economic growth. However, organic growth drivers like household consumption and non-infrastructure CapEx remain weak. The outlook suggests that these drivers may improve as confidence and credit impulse increase, with policymakers likely maintaining policy support.

What are the expected growth drivers in the coming quarters as mentioned in the text?

What is the speaker's outlook on the policy support from policymakers in the current economic context?