China reported new economic data on Friday that is being closely analyzed for its impact – not just at home- but also on the global economy.

China’s GDP grew by 2.5 percent for the first half of 2022, while its economic growth rate for the second quarter stands at 0.4 percent. CGTN’s Yang Shanshan reports from  Beijing.  

To discuss:

• John Gong is an economics professor at the University of International Business and Economics.
• Jeff Moon served as Assistant U.S. Trade Representative for China Affairs and currently heads China Moon Strategies, a DC-based consulting firm.
• Yan Liang is Endowed Chair and Professor of Economics at Willamette University.
• Ryan Patel is a global business executive and board director with Claremont Graduate University’s Drucker School of Management.

For More: 

#ChinaDailyEditorial That China achieved positive GDP growth, of 0.4 percent year-on-year, in the second quarter of 2022 despite suffering worse-than-expected shocks is astonishing. That reflects the resilience of the Chinese economy. https://t.co/YoWMXf68E0

— China Daily (@ChinaDaily) July 15, 2022

China's economy grew by 0.4 percent in the second quarter of 2022 compared with a year earlier, posting 2.5 percent growth in the first half of the year, the National Bureau of Statistics said on Friday. https://t.co/VxdH7nmrap

— China Daily (@ChinaDaily) July 15, 2022

Cutting #tariffs on imported Chinese goods can help the #UnitedStates curb its runaway inflation and improve bilateral economic relations, which will benefit even the rest of the world, economists and trade experts said on Thursday. https://t.co/9sPcqnNb5T

— China Daily (@ChinaDaily) July 15, 2022