Logo 16 Jul 2021

July Data Dump – Q2 GDP

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

China’s stats bureau released the Q2 GDP results on Thursday.The economy expanded 7.9% y/y in real terms last quarter – down from 18.3% y/y growth in Q1.

Slower sequential growth is no surprise given the less favorable base effect in Q2.

Given the pandemic-related distortions to the data, it ...