00:00China's economy grew at its slowest pace in more than three years in the second quarter,
00:06as weak consumer spending and a prolonged property slump continued to weigh on growth.
00:12The economy expanded 4.3% from a year earlier, missing expectations and slowing from 5% in the first
00:19quarter.
00:20The weaker-than-expected data is adding to pressure on Beijing to roll out more measures to support the economy.
00:30The slowdown came despite strong exports driven by global demand for artificial intelligence technology,
00:37semiconductors and Chinese electric vehicles.
00:40There were some bright spots in its second quarter numbers.
00:43Retail sales picked up in June, while industrial output grew faster than expected.
00:49But those gains were not enough to offset weak domestic demand.
00:53Economists say China's economy is becoming increasingly uneven,
00:57with investment flowing into high-tech industries such as AI, semiconductors and robotics,
01:02while other parts of the economy continue to struggle.
01:06At the same time, China's export boom is drawing growing scrutiny.
01:10The country recorded a record trade surplus of $1.2 trillion last year,
01:15fueling complaints from trading partners over widening trade imbalances.
01:19gold-grating atmiferous một VLA to GEFOND think it was a property of Bel hypothesis.
01:21The country in the worldwagen flies thôi.
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