China's better-than-expected macro data so far this year implies little urgency
for significant policy stimulus in the near-term, say Goldman Sachs economists
in a research note. China's strong first-quarter gross domestic product growth
beat consensus and GS's forecast. The GS economists hold low expectations for
stimulus at the Politburo meeting later this month. The bank maintains its real
gross domestic product growth forecasts for 2026 and 2027 at 4.7% each.
