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China’s economic growth slowed to a still-strong 7.9% over a year earlier in the three months ending in June as a rebound from the coronavirus levelled off. Growth slowed from the previous quarter’s explosive 18.3% expansion, which was magnified by comparison with early 2020, when the economy shut down to fight the coronavirus. The economy expanded at a 1.3% pace in the April-June quarter compared with the previous three months, the way other major economies report results. That reflects a return to normal for factory activity and consumer spending as government stimulus and easy credit wind down. It was faster than the 0.6% expansion in the previous quarter over the final three months of 2020, which had prompted warnings the rebound was ending.

International monetary fundNational bureau of statisticsNational bureauCommunist partyசர்வதேச பண நிதிதேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள்தேசிய பணியகம்கம்யூனிஸ்ட் கட்சி