In the second quarter of 2025, China's GDP grew by 5.2%, more than analysts' estimates of 5.1% but down from 5.4% in the first quarter. This slowdown is attributed to weak domestic demand and global trade difficulties. Analysts expect further stimulus measures from Beijing to bolster the economy. Although industrial production rose 6.8% in June, retail sales advanced a more modest 4.8%. Projections point to the economy slowing to 4.5% and 4% in the coming quarters.
Sources
Latest News
10:15
Michael Phelps reveals that he tried to commit suicide after his first retirement from sports
10:14
The founder of Telegram, Pavel Durov, is accused of facilitating Ukraine's terrorist activities. The FSB has put him on an international wanted list.
10:08
Volodymyr Zelensky supports that Donald Trump has agreed to grant Ukraine the license for Patriot interceptor missiles.
10:03
Bulgaria wants to buy the old retired Soviet MiG planes from Poland. Ukraine is also interested.
09:55
Sweden, Finland, Spain, and Ireland account for 88% of the EU's mineral exploration drilling.
See more news