China's economy grows steadily despite Trump trade war chaos

Open this photo in gallery: Along with stimulus measures, boosting domestic consumption was key for growth in the Chinese economy.Andy Wong/The Associated Press The Chinese economy grew by 5.2 per cent in the second quarter of this year, a better-than-expected rate during a period when Beijing was engaged in a tense trade standoff with the United States. According to official statistics published Tuesday, GDP growth was down slightly on the first quarter, when it expanded by 5.4 per cent in part due to exporters front-loading trade in expectation of U.S. tariffs, but still slightly ahead of analyst predictions. Late last…