China’s economy grew by 0.4 per cent in the second quarter of 2022 compared with a year earlier, down from the 4.8 per cent growth seen in the first three months of the year. Photo: AFP
China’s economy grew by 0.4 per cent in the second quarter of 2022 compared with a year earlier, down from the 4.8 per cent growth seen in the first three months of the year. Photo: AFP
China GDP
Economy /  Economic Indicators

China GDP: second-quarter economic growth plunges to 0.4 per cent, lowest in 2 years after missing expectations

  • China’s economy grew by 0.4 per cent in the second quarter, compared with a year earlier, down from the 4.8 per cent growth seen in the first three months of the year
  • Retail sales rose by 3.1 per cent in June from a year earlier, while industrial production also rose by 3.9 per cent last month

Orange Wang
Orange Wang

Updated: 11:07am, 15 Jul, 2022

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China’s economy grew by 0.4 per cent in the second quarter of 2022 compared with a year earlier, down from the 4.8 per cent growth seen in the first three months of the year. Photo: AFP
China’s economy grew by 0.4 per cent in the second quarter of 2022 compared with a year earlier, down from the 4.8 per cent growth seen in the first three months of the year. Photo: AFP
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