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China's economy grew at lower than expected at 6.3% in the second quarter
July 18, 2023
|The Daily Guardian
China’s economy grew at a 6.3 per cent annual pace in the April-June quarter, much lower than analysts had forecasted, given the slow pace of growth the year before.
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The world’s second-largest economy is expected to slow further in coming months given slack consumer demand in China and weaker demand for Chinese exports in other economies as their post-pandemic recoveries lose momentum.
The 6.3 per cent growth in China’s gross domestic product from April to June outpaced a 4.5 per cent rate of growth in the previous quarter, according to government data released Monday.
هذه القصة من طبعة July 18, 2023 من The Daily Guardian.
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The Daily Guardian
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