China’s economy grows at steady pace despite Trump’s trade war

China’s economy grew by more than 5 percent in the second quarter, according to official data, staying on track to meet Beijing’s annual growth target despite United States President Donald Trump’s trade war.

China’s gross domestic product (GDP) expanded by 1.1 percent from April to June, data from China’s National Bureau of Statistics showed on Tuesday.

On an annualised basis, China’s economy grew 5.3 percent in the first half of the year, keeping it in line with Beijing’s full-year target of about 5 percent growth.