China lists 5.2 % GDP growth in the second quarter

China lists 5.2 % GDP growth in the second quarter

China has reported a better than expected economic growth for the second quarter, despite the continuing trade war with the United States.

economic growth on expectations

The gross domestic product (GDP) grew by 5.2 % in the second quarter compared to the same period of the previous year, as the National Bureau for Statistics (NBS) announced on Tuesday. This value exceeded the average predictions of 5.1 %, which were based on a survey of 40 business experts, which Reuters carried out on Friday.

Development of GDP in the first half of the year

Compared to the previous year, GDP growth for the first half of the year was 5.3 %. These figures show that the Chinese economy remains stable despite adverse circumstances and international tensions and may continue to grow through various internal factors.

outlook for the future

Analysts will now observe exactly how these growth figures will affect China's future economic policy, especially with regard to the trade conflict with the USA and the continuing adjustments in global economic situation.