China's Q2 GDP grows 5.2% y/y, above market forecast
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In the first half of the year, the world's second-largest economy expanded by 5.3 percent, the NBS said Tuesday.
Looming U.S. tariffs, together with a real estate market slump feeding into weakening consumer confidence, saw China's GDP growth slow in the second quarter.
China's economy is likely to have cooled in the second quarter after a solid start to the year, as trade tensions and a prolonged property downturn drag on demand, raising pressure on policymakers to roll out additional stimulus to underpin growth.
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ABP News on MSNChina’s Economic Growth Slows As Domestic Demand Weakens And Trade Tensions ResurfaceWhile the GDP rose 5.2 per cent year-on-year between April and June, the figure reflects a slight deceleration from the 5.4 per cent growth posted in the first quarter, reported Reuters.
Chinas economic growth likely slowed in the second quarter of 2025 as trade tensions and the prolonged property downturn weighed on demand, intensifying pressure on policymakers to step up stimulus efforts.
China's economy grew 5.2% in the second quarter from a year earlier, official data showed on Tuesday, beating analysts' expectations by a touch and showing resilience in the face of U.S. tariffs. Analysts polled by Reuters had forecast second-quarter gross domestic product (GDP) would expand 5.
S&P 500 EPS growth is expected to come in at 4.8% for Q2, which would be the lowest growth rate since Q4 2023.
Some economists in Singapore have raised their full-year growth forecast for 2025, following better-than-expected second quarter results. According to advance estimates, Q2 GDP expanded 4.3% despite US tariff uncertainty,