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China s economic growth slows to 7 9% | Isle of Wight County Press
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Jollof Index, Q2 2021 - Food Prices enter Geostationary Orbit (July 2021) - Nigeria
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China s economic growth slows to 7 9% | Bradford Telegraph and Argus
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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.