China GDP grew 3.2% yoy in Q2, June retail sales weak

<p>China’s GDP grew 3.2% yoy in Q2, above expectation of 2.5% yoy. Barring the steep -6.8% contraction in Q1, Q2’s figure is still the worst on record. For H1 as a whole, the economy contracted -1.6% yoy from a year earlier. On quarter-on-quarter basis, GDP rose 11.5% qoq in Q2, higher than expectation of -9.6% […]</p>
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