China GDP beats expectations with Q2 growth at 6.9 per cent

Beijing

CHINA'S second-quarter gross domestic product (GDP) beat expectations on the back of a strong manufacturing sector and healthy domestic consumption, despite a government crackdown on the real-estate sector and monetary tightening by the central bank.

The economy grew at a steady 6.9 per cent in the second quarter; the monthly data for June points to stable growth over the next three months.