China Faces Economic Headwinds with 4.7% Q2 Growth

In the bustling global economy, China marked a second-quarter GDP increase of 4.7%. This growth, though solid, marked a drop from the first quarter’s 5.3%. It also missed the forecasted 5.1%, revealing a subtle yet impactful slowdown. Economists had eyed a sturdier rebound after a 0.7% quarterly rise, which itself fell from a prior 1.5%. […]