1. China's economy is slowing, with growth at its weakest pace since Q1 2023 due to property sector issues, weak consumer demand, deflationary risks, and slowing export growth. 2. The government's growth target of 'around 5%' may not be met unless more stimulus is implemented. 3. China's central bank has announced 800 billion yuan of stock market liquidity measures and is considering interest rate cuts to boost consumer spending.