\n<\/p>\n
YANTAI, CHINA – JULY 14, 2026 – Containers parked at Yantai Port International Container Terminal in Yantai City, Shandong Province, China on July 14, 2026. <\/p>\n
Cfoto | Future Publishing | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n
China’s economy in the second quarter grew at its weakest pace since 2022, as an accelerating slide in investment deepened the strain on growth while consumption stayed subdued.<\/p>\n
Gross domestic product growth came in at 4.3% in the April to June period, data from the National Statistics Bureau showed Wednesday, missing economists’ forecast for 4.5% growth in a Reuters poll, and slowing from 5% in the first quarter<\/a>.<\/p>\n That second-quarter growth came below Beijing’s full-year growth target range of 4.5% to 5%, the least ambitious goal in decades, amid tensions with trade partners, including the U.S. and the European Union, and sluggish domestic demand. <\/p>\n Urban fixed-asset investment, including real estate development and infrastructure projects, declined 5.7% in the first half-year from a year earlier, worse than expectations for a 4.9% drop in a Reuters poll, steepening from a 4.1% contraction in the first five months. <\/p>\n In June, China’s retail sales grew 1%, rebounding from a 0.6% drop in the prior month and exceeding economists’ forecast for a 0.1% fall. Retail sales in May posted their first monthly decline since late 2022, dragged down by tepid demand and merchants’ steep discounting. <\/p>\n Industrial output expanded 5.3% in June from a year ago, stronger than the forecast 4.7% growth, and gaining pace from 4.5% expansion in May. <\/p>\n Chinese economy has grappled with a\u00a0deepening supply-demand imbalance<\/a>. Robust industrial production and exports tied to the global AI investment boom continue to power headline growth, even as consumption and private investment weakens amid a prolonged property downturn and volatile energy prices. <\/p>\n Urban investment slumped for the first time in decades last year, falling 3.8% from a year earlier<\/a>, as a prolonged property downturn and tighter constraints on local governments’ borrowing have hampered one of China’s traditional growth drivers. <\/p>\n Chinese urban unemployment stood at 5% in June. The leadership is targeting an unemployment rate of less than 5.5% over the next five-year period.<\/p>\n \u2014 CNBC’s Evelyn Cheng contributed to the report.<\/em> <\/p>\n<\/div>\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"YANTAI, CHINA – JULY 14, 2026 – Containers parked at Yantai Port International Container Terminal in Yantai City,…\n","protected":false},"author":4,"featured_media":45477,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-45476","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/45476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45476"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/45476\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/45477"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}