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China's Q2 GDP growth beats estimates

6.9% growth gives leaders a room to focus on debt risks

Bloomberg  |  Beijing 

China's economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to tackle big economic challenges ahead of key leadership changes later this year. The boost to growth was in part driven by firmer exports and production, in particular steel, which could heighten trade tensions as the United States and China begin economic talks this week. US President Donald Trump has made the US trade deficit with China a top agenda item in bilateral talks and has also flagged the steel ...

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First Published: Tue, July 18 2017. 02:14 IST