Chinese GDP Growth, Economic Recovery See Slowdown in 2Q21


Source: upnewsinfo.com upnewsinfo.com

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© Reuters. By Gina Lee Investing.com – China’s GDP growth slowed in the second quarter of 2021, in a further sign that the economic recovery from COVID-19 continued to show signs of slowing down, according to second-quarter data released earlier in the day. The National Bureau of Statistics (NBS) data said China’s second-quarter GDP grew 7.9% in the second quarter, lower than both the 8.1% growth in forecast prepared by Investing.com and the 18.3% growth from the first quarter. However, it grew 1.3% , exceeding both the 1.2% growth in Investing.com forecasts and the previous quarter’s 0.6% growth. The data...