Chinese economy grows at a 5.2% annual pace in April-June quarter despite trade war

News Snapshot:

BEIJING (AP) — China's economy slowed in the last quarter as President Donald Trump’s trade war escalated, but it still expanded at a robust 5.2% pace, the government said Tuesday. That compares with 5.4% annual growth in January-March. The government said Tuesday that in quarterly terms, the world’s second largest economy expanded by 1.1%. In the first half of the year, the Chinese economy grew at a 5.3% annual pace. A key factor was strong exports. On Monday, China reported that its exports accelerated in June, rising 5.8% from a year earlier, up from a 4.8% increase in May. A...