China's second-quarter growth beats forecasts but deflation fears fuel calls for stimulus, deeper reform

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China's economy grew at a faster-than-expected rate in the second quarter, keeping the country on track to meet its full-year target of 5% and easing some pressure on policymakers to step up stimulus to underpin growth.

China's gross domestic product expanded by 5.2% in the second quarter, according to China's National Bureau of Statistics on Tuesday. While the growth rate beat Reuters-polled economists' estimates of a 5.1% growth, it represented a slowdown from the 5.4% in the first quarter.