News Snapshot:
[Business News] The Chinese economy is growing slower than expected in the second quarter, according to Reuters © Reuters. PHOTO OF THE FILE: People walk in the Beijing Business District (CBD), China, on March 5, 2021. REUTERS / Tingshu Wang By Kevin Yao and Gabriel Crossley BEIJING (Reuters) – China’s economy grew more slowly than expected in the second quarter, slowing manufacturing activity, boosting higher raw material costs and new COVID-19 outbreaks. Gross domestic product (GDP) rose 7.9% in the April-June quarter from a year earlier, official data showed on Thursday, with a forecast of an 8.1% rise in the...
