00:00China's economy expands 5.2% in the second quarter, despite ongoing trade tensions with the US.
00:07The rate slightly exceeds the 5.1% average estimate from Reuters analysts,
00:13keeping Beijing on course to hit its 5% growth target for the year.
00:19So far, the world's second-largest economy has avoided a sharp slowdown,
00:24thanks to a fragile US-China trade truce and policy support.
00:28President Xi Jinping's administration has leaned on exports and manufacturing to counter a property slump.
00:34Recent government data showed exports grew 5.8% year-on-year in June,
00:39up from 4.8% in May, while imports rebounded 1.1% after a 3.4% drop in May.
00:47But housing prices dropped 3.2% year-on-year in June, a slight improvement from May's 3.5% fall,
00:54though monthly declines continued, keeping the sector under pressure.
00:58Markets expect a weaker second half due to slowing exports, falling prices and weak consumer confidence.
01:05Chinese officials are now pushing for a final trade deal with the US to avoid more US tariffs.
01:16Thanks for setting.
01:18Please join me in my church's Ethiopia.
01:20Driving off of March for 25,
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