News Snapshot:
China’s GDP grew 5.2% in the second quarter (April-June) of 2025, according to official figures released on Tuesday. This means that despite the high tariffs imposed by United States President Donald Trump, the value of the economic output (that is, all goods and services) inside China during the second quarter of 2025 was 5.2% more than the economic output during the same quarter of 2024 (Chart 1). This is the second consecutive quarter in which China’s GDP growth has beaten the expectations of global analysts. In the first quarter (January-March), the Chinese economy grew even faster, at 5.4% on an...