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China's GDP growth slows to 6.7% in 2nd quarter amid trade war

Recent tariffs expected to show bigger impact in second half of 2018

Beijing's central business district. China’s efforts to bring down the country’s debt levels also contributed to the slowdown during the second quarter.   © Reuters

HONG KONG -- China's economic growth slowed to 6.7% in the second quarter, amid fears of a full-blown trade war with the U.S. began taking their toll on the world's second-largest economy.

The figure for the April to June period -- largely in line with market expectations -- is slightly slower than the 6.8% gain in the first quarter, but still above the government's full-year growth target of 6.5%.

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