China's economy holds steady despite Trump's trade wa


Source: afr.com afr.com
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Beijing | China's economy slowed in the second quarter even as it topped market forecast in a show of resilience against US tariffs, though analysts warn of underlying weakness and rising risks that will ramp up pressure on Beijing to roll out more stimulus. The world's No. 2 economy has so far avoided a sharp slowdown in part due to a fragile US-China trade truce and policy support, but markets are bracing for a weaker second half as exports lose momentum, prices continue to fall, and consumer confidence remains low. Loading… Bloomberg and Reuters