Chinese post-Covid economic recovery slower than expected

Chinese post-Covid economic recovery slower than expected
China’s economy grew 6.3% in the second quarter, missing expectations even after near-stagnant growth from a year ago (AP)

China’s economy grew at a 6.3% annual pace in the April to June quarter – much slower than analysts had forecast given the pace of growth the year before.

Quarterly growth, the usual measure for other major economies, was 0.8%, according to government data released on Monday – in line with expectations but down sharply from the 2.2% seen in January to June.

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