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China's Economy Likely Grew 5.2% In Q2 Despite Trade War: AFP Poll

China
International Business Times Fews App News Provider
Fews App Post Time 19d ago

China's exports likely provided strong support to the economy in the second quarter but analysts were cautious about the outlook for the final six months of the year AFP China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump's trade war could cause a sharp slowdown in the final six months. The world's second-largest economy is fighting a multi-front battle to sustain growth, a challenge made more difficult by the US president's tariff campaign. Trump has imposed levies on China and most other major trading partners since returning to office in January, threatening Beijing's exports just as it becomes more reliant on them to stimulate economic activity.

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