Economy

China GDP up 6.3% in Q2, falling short of projections

Youth unemployment rises to record high amid tepid domestic demand

20230717China.JPG

Customers shop at a shoe store at a mall in Beijing on January 15. © Reuters

CK TAN, Nikkei staff writer
July 17, 2023 11:00 JST
Updated on July 17, 2023 13:55 JST

SHANGHAI -- China's economy expanded by 6.3% in the second quarter from a year earlier, fueled by recoveries in retail sales and the service sector, and partly thanks to a low base effect.

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