Actionable news
All posts from Actionable news
Actionable news in BZUN: Baozun Inc,

China reports 6.9% second-quarter GDP growth on year, topping expectations

China reported second quarter growth data Monday that topped expectations.

The country said its second-quarter GDP growth was 6.9 percent against the prior year, and that comes as investors watch the world's second-largest economy for any signs of slowdown amid concerns over high debt levels.

Economists polled by Reuters on average had expected 6.8 percent growth in the April to June period against the same time last year, compared to the first quarter's 6.9 percent.

Economists in Reuters' poll forecast second quarter GDP to grow 1.7 percent from a quarter ago. That was matched by Monday's data.