China’s gross domestic product (GDP) rose by 7.9% in the second quarter compared to last year, its National Bureau of Statistics said Thursday. The growth rate slowed by more than half from the first three months of 2021. In the first quarter, China's economy saw an unprecedented growth of 18.3%. Despite the slowdown in the second quarter, the statistics bureau stated that “China’s economy sustained a steady recovery” in its press release. It noted, however, that concerns still exists over the further spread of the pandemic and over “unbalanced” economic recovery. Also on rt.com
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