China GDP grows faster than expected, retail sales fall
By Frank Prenesti
Date: Tuesday 15 Jul 2025
(Sharecast News) - China's economy grew faster than expected in the second quarter, according to official data published on Tuesday, despite pressure from US tariffs.
GDP expanded by 5.2% in the three months to June, the National Bureau of Statistics said, beating estimates of 5.1%, but slower than the first quarter's 5.4%.
Growth was boosted by a 6.4% expansion in manufacturing, with higher demand for 3D printing devices, electric vehicles and industrial robots.
Meanwhile June retail sales growth slowed to 4.8% year on year, compared with a 6.4% yearly increase in May and forecasts of 5.4%.
Industrial output expanded by 6.8% from a year ago compared with median estimates of 5.7%.
Reporting by Frank Prenesti for Sharecast.com
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