Versions :<12345Live>
Snapshot 3:Mon, Jul 15, 2024 9:10:09 PM GMT last edited by NickBurk

PRC Economy Grew at Rate of 4.7% in Q2 2024

ChinaPRC Economy Grew at Disappointing Rate of 4.7% in Q2 2024

Above: An investor watchs the electric board in a stock market in Huaibei, Anhui province, east China on Feb. 29, 2016. Image copyright: Contributor/Corbis News via Getty Images

The Facts

  • China, the world’s second-largest economy, expanded 4.7% in the June quarter — far slower than what economists had predicted from the 5.3% growth in January-March.China, the world’s second-largest economy, expanded 4.7% in Q2 of 2024 — far slower than economists forecasted and the 5.3% growth in January-March of this year.

  • China, the world’s second-largest economy, expanded 4.7% in Q2 of 2024 — far slower than economists' forecast and the 5.3% growth in January-March.Figures released by China’s National Bureau of Statistics on Monday showed the economy missing the 5.1% growth expectation reportedly set by a Reuters poll.

Go Deeper


Sign up to our daily newsletter