China's gross domestic product (GDP) grew by 4.3 per cent year-on-year in the April-June quarter, falling short of the expected 4.5 per cent growth forecast. It also marked a slowdown from the 5.0 per cent expansion recorded in the January-March period, according to official data released on Wednesday (July 15, 2026). The second-quarter performance marked China's slowest economic expansion since late 2022, reflecting mounting pressure from weak domestic demand and external shocks despite steady exports and industrial production. Several media reports that subdued consumer spending and the impact of higher oil prices triggered by the Iran war weighed on economic growth, offsetting gains from manufacturing activity and exports, which continued to benefit from demand linked to artificial intelligence.&nbsp;Also read: <a href="http://wionews.com/india-news/amid-news-us-tariff-threat-india-moves-to-ban-imports-made-using-forced-labour-1784090282657">Amid news US tariff threat, India moves to ban imports made using forced labour</a><h3>China's domestic consumption &amp; private investment</h3>The April-June growth rate was the weakest since the fourth quarter of 2022, when China's economy was affected by COVID-19-related disruptions. On a quarter-on-quarter basis, GDP rose 0.9 per cent during the period, in line with market expectations but slower than the 1.3 per cent expansion recorded in the first quarter. The latest data indicated that the challenges being experienced by Chinese policymakers as they attempt to regain domestic consumption and private investment, along with maintenance of economic momentum. The report also suggests that a expending supply-and-demand imbalance has emerged, with AI-driven export growth increasing industry output even as household spending and business investment remain subdued.&nbsp;Trade data on Tuesday reflected that external demand is compensating for the internal weakness of China, with exports beating expectations with a 27 per cent jump, riding the global AI boom. In response, shipping executives have confirmed that this partly reflects front-loading by US retailers seeking to secure inventories for ​Black Friday and Christmas holiday sales prior to projected tariff hikes later this year.

The second-quarter performance marked China's slowest economic expansion since late 2022, reflecting mounting pressure from weak domestic demand and external shocks despite steady exports and industrial production.

China's gross domestic product (GDP) grew by 4.3 per cent year-on-year in the April-June quarter, falling short of the expected 4.5 per cent growth forecast. It also marked a slowdown from the 5.0 per cent expansion recorded in the January-March period, according to official data released on Wednesday (July 15, 2026). The second-quarter performance marked China's slowest economic expansion since late 2022, reflecting mounting pressure from weak domestic demand and external shocks despite steady exports and industrial production. Several media reports that subdued consumer spending and the impact of higher oil prices triggered by the Iran war weighed on economic growth, offsetting gains from manufacturing activity and exports, which continued to benefit from demand linked to artificial intelligence. Also read: Amid news US tariff threat, India moves to ban imports made using forced labour China's domestic consumption & private investment The April-June growth rate was the weakest since the fourth quarter of 2022, when China's economy was affected by COVID-19-related disruptions. On a quarter-on-quarter basis, GDP rose 0.9 per cent during the period, in line with market expectations but slower than the 1.3 per cent expansion recorded in the first quarter. The latest data indicated that the challenges being experienced by Chinese policymakers as they attempt to regain domestic consumption and private investment, along with maintenance of economic momentum. The report also suggests that a expending supply-and-demand imbalance has emerged, with AI-driven export growth increasing industry output even as household spending and business investment remain subdued. Trade data on Tuesday reflected that external demand is compensating for the internal weakness of China, with exports beating expectations with a 27 per cent jump, riding the global AI boom. In response, shipping executives have confirmed that this partly reflects front-loading by US retailers seeking to secure inventories for Black Friday and Christmas holiday sales prior to projected tariff hikes later this year.

The second-quarter performance marked China's slowest economic expansion since late 2022, reflecting mounting pressure from weak domestic demand and external shocks despite steady exports and industrial production.

China's economy grows 4.3% in Q2, slowest pace since late 2022: Here's why

China's GDP grew at 2.3 per cent in 2020 making it the slowest pace in more than four decades since the <a href="https://www.wionews.com/world/city-in-china-reports-coronavirus-found-on-ice-cream-thousands-of-boxes-seized-357266">Chinese </a>economy embarked on major reforms in the 1970s.

Watch:

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/gravitas-china-builds-a-sprawling-quarantine-centre-as-wuhan-virus-cases-spike-357014/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

China's National Bureau of Statistics said it was due to the pandemic's "huge impact". In 2019, the country had recorded &nbsp;6.1 per cent growth.&nbsp;

However, despite the downturn, China is the only major world economy which clocked positive growth last year as several countries saw their economies being ravaged due to the <a href="https://www.wionews.com/world/china-reports-109-new-covid-19-cases-as-infections-persist-in-northeast-357391">coronavirus</a> pandemic.

The virus continues to hamper the country over a year after China reported the first case. Over 100 new coronavirus cases were detected in the country's northeast fuelling concerns of another COVID-19 wave ahead of a major holiday season.

Industrial production in China grew 2.8 per cent on-year for 2020 and in the last quarter of the year, the country recorded 6.5 per cent growth on-year. However, retail sales plunged 3.9 per cent last year as consumption lagged amid fears of a resurgence of coronavirus cases.

Chinese exports grew more than expected in December. China had imposed a strict lockdown in Wuhan in January as coronavirus cases began to rise and then extended it to the rest of the country.

China was able to emerge out of the virus fairly quickly opening up Wuhan later in the year, however, there have been several cases of the virus in recent months.

Experts predict economic growth to rebound to 8.4 per cent this year before slowing down to 5.5 per cent in 2022.

China's GDP grew at 2.3 per cent in 2020 making it the slowest pace in more than four decades since the Chinese economy embarked on major reforms in the 1970s. Watch: China's National Bureau of Statistics said it was due to the pandemic's "huge impact".

China's GDP grew at 2.3 per cent in 2020 making it the slowest pace in more than four decades since the Chinese economy embarked on major reforms in the 1970s. Watch: China's National Bureau of Statistics said it was due to the pandemic's "huge impact". In 2019, the country had recorded 6.1 per cent growth. However, despite the downturn, China is the only major world economy which clocked positive growth last year as several countries saw their economies being ravaged due to the coronavirus pandemic. The virus continues to hamper the country over a year after China reported the first case. Over 100 new coronavirus cases were detected in the country's northeast fuelling concerns of another COVID-19 wave ahead of a major holiday season. Industrial production in China grew 2.8 per cent on-year for 2020 and in the last quarter of the year, the country recorded 6.5 per cent growth on-year. However, retail sales plunged 3.9 per cent last year as consumption lagged amid fears of a resurgence of coronavirus cases. Chinese exports grew more than expected in December. China had imposed a strict lockdown in Wuhan in January as coronavirus cases began to rise and then extended it to the rest of the country. China was able to emerge out of the virus fairly quickly opening up Wuhan later in the year, however, there have been several cases of the virus in recent months. Experts predict economic growth to rebound to 8.4 per cent this year before slowing down to 5.5 per cent in 2022.

Pandemic effect: China's GDP slows to lowest in more than four decades

China's economy grew 6.0 per cent in the fourth quarter of 2019 from a year earlier, official data showed on Friday, reported news agency Reuters. The report further said that 6.

China's economy grew 6.0 per cent in the fourth quarter of 2019 from a year earlier, official data showed on Friday, reported news agency Reuters. The report further said that 6.0 per cent growth is in line with expectations and unchanged from the previous quarter's pace. Analysts polled by Reuters had expected gross domestic product (GDP) to expand 6.0% in the October-December quarter, hovering at the weakest pace in nearly three decades. Facing sluggish demand at home and abroad amid trade war with the United States, Chinese policymakers have been rolling out a stream of growth boosting measures over the past two years, while trying to contain financial and debt risks. The world's second-largest economy grew 6.1% in 2019, the slowest in 29 years but still within the government's target of 6-6.5%. Analysts had expected it to expand 6.1%, down from 6.6% in 2018. GDP grew 1.5% in the fourth quarter from the previous three months as expected, the same pace as in the July-September quarter, the National Bureau of Statistics said. (With inputs from Reuters)

China fourth-quarter GDP grows 6%, in line with expectations and hovering near 30-year low

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China's economy grows 4.3% in Q2, slowest pace since late 2022: Here's why

Pandemic effect: China's GDP slows to lowest in more than four decades

China fourth-quarter GDP grows 6%, in line with expectations and hovering near 30-year low