China GDP: economic growth slows to 7.9 per cent in second quarter, 12.7 per cent in first half of 2021

Source: China – South China Morning PostChina’s economy grew by 7.9 per cent in the second quarter of 2021 compared with a year earlier to post a 12.7 per cent growth in the first half of the year, the National Bureau of Statistics (NBS) announced on Thursday.This was just below expectations in the median survey of Bloomberg analysts, which had predicted 8 per cent growth between April and June, and down from the record first quarter growth rate of 18.3 per cent.Overall, China has set an economic growth target of “above 6 per cent”…Read More

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