April to June economic growth in China is (whatever China says it is, right?) 6.7% y/y - in line with estimates

  • expected 6.7%, prior 6.8%

1.8 % q/q sa

  • expected 1.6%, prior 1.4%

6.8 % YTD y/y

  • y/y expected 6.7%, prior 6.8%

Stats bureau comments on the release:

  • Economy maintained a steady and improving trend in the first half
  • Steady H1 growth lays a good foundation for achieving the full-year growth target
  • Increased uncertainties in the external environment

more to come