Health
Chinese growth in second quarter weakest since Covid-19 era
Key Points
Chinese growth in second quarter weakest since Covid-19 era Issued on: Modified: Official data released on Wednesday shows China's GDP grew 4.3% in the second quarter, compared to a year prior. The last time quarterly growth was that weak was in late 2022, when China was feeling the impact of the Covid pandemic. Slow consumer demand, despite a surge in exports, helps explain the slowdown.
Chinese growth in second quarter weakest since Covid-19 era
Issued on: Modified:
Official data released on Wednesday shows China's GDP grew 4.3% in the second quarter, compared to a year prior. The last time quarterly growth was that weak was in late 2022, when China was feeling the impact of the Covid pandemic. Slow consumer demand, despite a surge in exports, helps explain the slowdown. Also in this edition, Gibraltar's business community breathes a sigh of relief as the physical border between the British overseas territory and Spain is removed.
[Image text:] CHINA'S SUSTAINED PROPERTYWOES
INFIRST HALF OF2026
18% property investment
-11.6% property sales by floor area
-23.4% new construction starts
JOFSTATISTICS
Q2 China growth at weakest rate since late 2022
STRONGEXPORTSAND WEAK CONSUMERDEMAND
BUSINESS
FRANCEE
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