China, Q2 and GDP
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China’s Q2 GDP growth met government targets at 5.2% YoY, but the recovery remains uneven beneath the headline numbers. High-tech manufacturing and services are driving growth, while real estate and retail sectors continue to struggle, highlighting structural challenges.
In the first half of the year, the world's second-largest economy expanded by 5.3 percent, the NBS said Tuesday.
China's economy is likely to have cooled in the second quarter after a solid start to the year, as trade tensions and a prolonged property downturn drag on demand, raising pressure on policymakers to roll out additional stimulus to underpin growth.
Looming U.S. tariffs, together with a real estate market slump feeding into weakening consumer confidence, saw China's GDP growth slow in the second quarter.
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Inquirer on MSNBuoyed by exports, China's economy expands 5.2% in Q2China's economy grew by more than 5% in the second quarter, despite global headwinds and tensions with the U.S., official data showed Tuesday,
Apple posted a slight gain in global iPhone shipments in Q2, navigating falling demand in China with growth elsewhere.