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Economy

China GDP expected to grow 7.7% in Q2 on exports: Nikkei survey

COVID, weak consumption and tensions with US are seen as key risks

Economists expect exports to continue to boost China's growth in the second quarter.   © Reuters

HONG KONG -- China's economy is expected to expand by 7.7% in the April-June quarter, boosted by strong exports, according to a survey of 29 economists conducted by Nikkei and Nikkei Quick News.

Although that forecast is lower than the 18.3% recorded in the January-March period (which was, in part, boosted by a low year-ago comparison base), economists generally believe that the growth momentum in the Chinese economy will continue.

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