BEIJING, July 15 — China's economy grew 5.2 per cent in the second quarter from a year earlier, official data showed today, beating analysts' expectations by a touch and showing resilience in the face of US tariffs.
Analysts polled by Reuters had forecast second-quarter gross domestic product (GDP) would expand 5.1 per cent from a year earlier, slowing from the first-quarter's 5.4 per cent pace.
China has set a full-year growth target of around 5 per cent.
On a quarterly basis, GDP grew 1.1 per cent in April-June, the National Bureau of Statistics data showed, compared with a forecast 0.9 per cent increase and a 1.2 per cent 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 US-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.
— Reuters
