China Reports Second-Quarter GDP Growth of 4.3%, Below Expectations
China's economy grew at its slowest pace since early 2022, with second-quarter GDP expanding by 4.3% year-on-year, missing economists' forecasts for 4.5%. The growth rate fell short of the government’s full-year target range and was driven primarily by industrial production and exports amid weak domestic consumption.
Topics: China economic growth industrial output Q2 GDP report retail sales