GDP Report Set to Show China's Fitness to Fight the Trade War
- Economic data for second quarter scheduled for Monday
- Early signs of trade war impact may show up in numbers
Photographer: AFP via Getty Images
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A key economic data release Monday will show how well placed China’s economy is to withstand the trade war.
At 10:00 a.m. Monday Beijing time the statistics authority will release China’s gross domestic product growth for the second quarter. The world’s second-largest economy expanded by 6.7 percent, according to economists surveyed by Bloomberg. That’s a notch lower than the 6.8 percent gain in the previous three-month period but still above the government’s full-year target of 6.5 percent.