China's GDP growth slows in Apr.-Jun. amid tariff uncertainty
A prolonged slump in the real-estate sector and US tariff policy were major factors.
The National Bureau of Statistics says gross domestic product grew 5.2 percent in real terms compared to the same quarter last year. That was above the government's target of around 5 percent. But it was down from the 5.4 percent logged from January to March.
Domestic demand remained stagnant as the property market continued to struggle.
Also, tariffs announced by US President Donald Trump discouraged businesses from investing in new equipment.
Beijing and Washington are continuing trade talks after agreeing to drastically slash their additional tit-for-tat tariffs. But concerns are spreading that a trade war between the world's two largest economies could flare up again.
China's central bank cut interest rates in May to help boost domestic demand.
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