China's economy grew 5.2% in the second quarter from a year earlier, official data showed on Tuesday, beating analysts' expectations by a touch and showing resilience in the face of U.S. tariffs.
Analysts polled by Reuters had forecast second-quarter gross domestic product (GDP) would expand 5.1% from a year earlier, slowing from the first-quarter's 5.4% pace.
China has set a full-year growth target of around 5%.
On a quarterly basis, GDP grew 1.1% in April-June, the National Bureau of Statistics data showed, compared with a forecast 0.9% increase and a 1.2% gain in the previous quarter.
The world's second-largest economy has so far avoided a sharp slowdown in part due to policy support and a fragile U.S.-China trade truce, but markets are braced for weaker growth in the second half pressured by slowing exports, low consumer confidence and a persistent property downturn.
Analysts polled by Reuters had forecast second-quarter gross domestic product (GDP) would expand 5.1% from a year earlier, slowing from the first-quarter's 5.4% pace.
China has set a full-year growth target of around 5%.
On a quarterly basis, GDP grew 1.1% in April-June, the National Bureau of Statistics data showed, compared with a forecast 0.9% increase and a 1.2% gain in the previous quarter.
The world's second-largest economy has so far avoided a sharp slowdown in part due to policy support and a fragile U.S.-China trade truce, but markets are braced for weaker growth in the second half pressured by slowing exports, low consumer confidence and a persistent property downturn.
You may also like
Explain med consent bar on same-sex people: Delhi HC
Erik ten Hag responds to claims ex-Man Utd boss could sign Antony for THIRD time
Felix Baumgartner's last tragic Instagram post before fatal paragilde crash
White House issues major update on Donald Trump's visit to UK
Victoria Coren makes emotional family admission about husband David Mitchell
