China’s economic growth cools amid trade tensions
BEIJING — China’s economic growth slowed in the quarter ending in June, adding to challenges for Beijing amid a mounting tariff battle with Washington.
The world’s second-largest economy expanded by 6.7 per cent, down from the previous quarter’s 6.8 per cent, the government reported Monday.
A spokesman for the National Bureau of Statistics struck a positive note about the growth data while acknowledging that it faced increasing uncertainty from external factors.
“In general, the national economy maintained a momentum of being generally stable,” spokesman Mao Shengyong said at a briefing.