China’s economy grows at a 4.3% annual pace in the April-June quarter, according to multiple reports. The figure represents a slowdown from the roughly 5% growth recorded in the previous January-March period. The latest growth rate is reported on an annualized basis, comparing performance with the same quarter a year earlier. Separate coverage characterizes the April-June expansion as the weakest pace for years, with weakness seen more broadly than just in export-focused manufacturing. One report attributes the slower growth to a broader slowdown across parts of the economy outside the country’s export-oriented manufacturing sector. Taken together, the accounts indicate that China’s earlier momentum fades in the second quarter, resulting in slower overall expansion during that period. All sources agree on the direction and magnitude of the change: 4.3% growth in April-June versus about 5% in January-March.
China’s economy grows 4.3% in April-June, down from about 5% earlier this year
China’s economy grows at a 4.3% annual pace in the April-June quarter, according to multiple reports. The figure represents a slowdown from the roughly 5% growth recorded in the previous January-March...
- China’s economy grows at a 4.3% annual pace in the April-June (second quarter) period.
- The 4.3% result is slower than the roughly 5% growth reported for January-March.
- The figures are presented as growth rates comparing the quarter with the same period a year earlier.
- Coverage describes the second-quarter slowdown as broader than only export-oriented manufacturing.
- At least one outlet characterizes the 4.3% pace as the slowest in years.
Economic growth of 4.3 percent in the second quarter, versus the same period last year, reflected a broad slump outside of the country’s export-oriented manufacturing might.
2 hours agoChina's economy slowed in the second quarter of this year, expanding at 4.3 per cent - weaker than the five per cent growth recorded in January-March.
4 hours agoChina's economy slowed in the second quarter of this year, expanding at 4.3 per cent - weaker than the five per cent growth recorded in January-March.
4 hours agoChina has reported its economy grew at a 4.3% annualized pace in the April-June quarter, slowing from its strong 5% start for the year
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