China’s second quarter GDP up 7.5 percent

Global Business

The Chinese economy expanded 7.5 percent year-over-year in the second quarter, compared with a 7.4 percent rise in Q1. This modestly beat expectations for a 7.4 percent rise. Economists have argued for a long time now over whether China’s breakneck economic growth will end in tears. But the latest figures may have some re-examining their predictions. CCTV’s Lenora Chu reports from Shanghai.

China\'s second quarter GDP up 7.5 percent

China\'s second quarter GDP up 7.5 percent

The Chinese economy expanded 7.5 percent year-over-year in the second quarter, compared with a 7.4 percent rise in Q1. This modestly beat expectations for a 7.4 percent rise. Economists have argued for a long time now over whether China's breakneck economic growth will end in tears. But the latest figures may have some re-examining their predictions. CCTV's Lenora Chu reports from Shanghai.

The economy is now on track to meet its annual 7.5 growth target, with first-half growth reaching 7.4 percent — the same as in the first quarter, which marked the lowest in 18 months.

CCTV’s Michelle Markori sits down with Leland Miller, President of China Beige Book International, to talk about China’s economy.

Leland Miller on Chinese economy

Leland Miller on Chinese economy

CCTV's Michelle Markori sits down with Leland Miller, President of China Beige Book International, to talk about China's economy.