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Economy

China's GDP growth in Q2 slows to 7.9%

Officials warn of trade slowdown in the second half of 2021

A container ship at the Qianhai Shekou Free Trade Zone in Shenzhen. China's second-quarter growth was underpinned by expanding trade.    © Reuters

SHANGHAI -- China's gross domestic product growth slowed to 7.9% year-on-year in the April-to-June quarter after plateauing at 18.3% in the previous three months, signaling a halt to the V-shaped recovery from the COVID-19 pandemic.

Thursday's figure, published by the National Bureau of Statistics, beat the median 7.7% expansion forecast by 29 economists in a Nikkei poll.

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