Chinese economy grows at 5.2 per cent annual pace in April-June quarter despite trade war

China confirms President Xi will miss BRICS summit, Premier Li to attend
Beijing, Jul 15 (AP) China’s economy slowed in the last quarter as President Donald Trump’s trade war escalated, but it still expanded at a robust 5.2 per cent pace, the government said Tuesday.

That compares with 5.4 per cent annual growth in January-March. The government said Tuesday that in quarterly terms, the world’s second largest economy expanded by 1.1 per cent.

In the first half of the year, the Chinese economy grew at a 5.3 per cent annual pace. (AP) DIV DIV

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