China economic growth slows in second quarter

by VTV417 July 2018 Last updated at 08:00 AM

VTV.vn - Chinese growth slowed slightly in the second quarter as the world's number two economy faced a snowballing trade fight with the United States.

The economy expanded by 6.7% in April-June, down from 6.8% in the first quarter, while June factory output growth weakened to a two-year low of 6%. A spokesman for China's national statistics bureau said that Beijing's battle to rein in pollution and spiralling debt levels had crimped growth.

The property market, one of the economy's key drivers, also slowed, as property investment posted its weakest growth in six months in June, with sales also cooling.

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