Reported about 10 hours ago
China reported a surprising 5.2% growth in GDP for Q2, exceeding expectations despite the trade war with the U.S. and tariff challenges. The overall economic environment remains complex, with pressures from both internal structural issues and external geopolitical factors. While growth outpaced initial forecasts, concerns about consumer confidence, persistent deflation, and high youth unemployment persist, prompting the government to announce measures aimed at stabilizing employment and boosting economic performance.
Source: YAHOO