(MarketWatch) — China’s economy expanded a fraction faster than expected in the April-to-June quarter, while other data released Wednesday suggested domestic conditions remain relatively upbeat, even as concerns spread over the resilience of the global economy.
The economy expanded 9.5% in the second quarter from a year earlier, according to China’s National Bureau of Statistics.
The growth rate was higher than the 9.4% anticipated in separate surveys of economists by Reuters and Dow Jones Newswires, although it was weaker than the 9.7% increase in the three-month period ended March 31.
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