China is expected to post its lowest quarterly growth in 27 years as trade war drags on
China's economy grew 6.2% in the second quarter from a year ago, the country's statistics bureau said on Monday.
Analysts polled by Reuters expect China's economy to have grown 6.2% from a year ago in the April to June period. The GDP figure comes as the world's second largest economy remains locked in a trade war with the U.S. A tourist guide holds an umbrella featuring a panda pattern in front of Tiananmen Gate in Beijing, China.China released second-quarter figures on Monday showing that its economy slowed to 6.2% — the weakest rate in at least 27 years, as the country's trade war with the U.S. took its toll.
From April to June, China's economy grew 6.2% from a year ago, the country's statistics bureau said on Monday. That was in line withThe second quarter growth was the country's slowest pace since the first quarter of 1992, the earliest quarterly data on record, according to Reuters.
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