China Q2 growth beats expectations at 7 percent

China, the world's second largest economy, has surpassed expectations in the second quarter, posting an economic growth of seven percent from a year ago.

However, this figure is still the weakest showing since the global financial crisis, reported the BBC.

A feeble property market and factory production has affected growth adversely.

However, Beijing has rolled out a slew of stimulus measures amid the slowdown.

The People's Bank of China has slashed interest rate for the fourth time since November last year to boost economic activity.