{"id":10415,"date":"2025-07-15T13:21:19","date_gmt":"2025-07-15T10:21:19","guid":{"rendered":""},"modified":"2025-07-15T13:21:19","modified_gmt":"2025-07-15T10:21:19","slug":"chinas-economy-grows-5-2-as-resilient-exports-counter-weak-domestic-demand","status":"publish","type":"post","link":"https:\/\/harici.com.tr\/en\/chinas-economy-grows-5-2-as-resilient-exports-counter-weak-domestic-demand\/","title":{"rendered":"China’s economy grows 5.2% as resilient exports counter weak domestic demand"},"content":{"rendered":"

The Chinese economy grew by 5.2% year-on-year in the second quarter, as the resilience of exports helped compensate for sluggish domestic demand in the world’s second-largest economy.<\/p>\n

The growth rate, which slightly exceeded the average forecast of 5.1% from analysts polled by Reuters<\/em> but fell short of the 5.4% growth in the first quarter, keeps Beijing on track to meet its year-end target of around 5% growth.<\/p>\n

China, which needs strong exports and manufacturing to offset a slowdown in the real estate sector that is weakening domestic demand, is entering a critical period in the coming weeks as it finalizes a trade deal with the US.<\/p>\n

ANZ economist Arindam Chakraborty noted in a report<\/a><\/span> published before the GDP figures were released that the biggest challenge in the second half is “uncertainty regarding US trade policy, which could negatively affect China’s net export contribution.”<\/p>\n

“However, policymakers will continue to fine-tune counter-cyclical measures to achieve the annual 5% growth target in 2025,” he added.<\/p>\n

On Monday, China announced strong second-quarter trade figures after a ceasefire in the trade war allowed manufacturers to ship more goods abroad.<\/p>\n

However, the US is trying to curb China’s exports by imposing high tariffs on transshipments or by rerouting shipments from China to America through third countries like Vietnam.<\/p>\n

Despite this, JPMorgan analysts wrote in a note, “The outperformance of exports proves to be a significant support for China’s growth, even as momentum slowed in the second quarter.”<\/p>\n

Beijing also aims for the Chinese economy to transition from an export and manufacturing-focused model to a high-tech-oriented development model.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Chinese economy grew by 5.2% year-on-year in the second quarter, as the resilience of exports helped compensate for sluggish domestic demand in the world’s second-largest economy. The growth rate, which slightly exceeded the average forecast of 5.1% from analysts polled by Reuters but fell short of the 5.4% growth in the first quarter, keeps […]<\/p>\n","protected":false},"author":1,"featured_media":10416,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[4],"tags":[4618,3327,4432,4676,11259,319,1850,11262,2221,11261,11258,11260,4506,1192,5958],"class_list":["post-10415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia","tag-beijing-economic-policy","tag-china-economy","tag-chinese-economic-growth","tag-chinese-exports","tag-domestic-demand-china","tag-donald-trump","tag-gdp","tag-high-tech-development","tag-jpmorgan","tag-manufacturing-in-china","tag-q2-growth","tag-real-estate-slowdown","tag-trump-tariffs","tag-united-states","tag-us-china-trade-war"],"yoast_head":"\nChina's economy grows 5.2% as resilient exports counter weak domestic demand - 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