The Chinese economy is growing at a fixed pace despite Trump’s trade war Donald Trump News

China’s gross domestic product has grown by 1.1 percent from April to June, despite US definitions, as official data appears.

The Chinese economy grew by more than 5 percent in the second quarter, according to official data, as it remained on the right track to face the goal of the annual growth in Beijing despite the war of US President Donald Trump.

The data of the Chinese National Office for Statistics showed on Tuesday that the Chinese GDP (GDP) expanded by 1.1 percent from April to June.

On an annual basis, the Chinese economy grew by 5.3 per cent in the first half of the year, making it in line with the entire Beijing goal of about 5 percent.

“Generally, with Macro’s policies more active and effective in the first half of the first year, the national economy maintained a steady growth with good momentum and offered strong and vital flexibility,” the statistical agency said in a statement.

Lin Song, the chief economist in Greater China in Engy, said the Chinese economic performance is definitely encouraging “compared to” very increasing expectations at the beginning of the year. “

“Trade data benefited from the front loading in the first quarter, but it is generally better than expected in the first half as a whole,” Song said in a note.

“As a result, industrial production outperformed performance.”

However, a song warned that the second half of the year may “be more challenging.”

He said: “The induction uncertainty will remain flowing, as the following main deadlines were shown soon in August.

Despite Trump’s tariff, exports increased by 5.8 percent year on an annual basis in June, and the customs data that were issued on Monday showed, and shipments to non -American markets and stopping them from the highest enhanced duties.

After the customs tariff on Chinese goods rose to 145 percent earlier this year, in May the Trump administration reached a deal with Beijing to expand the scope of taxes on each other’s exports for at least 90 days.

Under the truce, Chinese imports of the United States are subject to a minimum of 30 percent, while American exports are subject to 10 percent.

In front of the two sides until August 12 to renew their deal or formulate a new agreement to avoid tariffs to its high prices.