China's second-quarter economic growth weakened to its lowest level in more than three years, missing expectations and the government's 2026 target as a persistent mismatch between strong supply and weak demand underscored deep structural imbalances.
Gross domestic product in the world's second-biggest economy rose 4.3% in the second quarter from a year earlier, official data showed on Wednesday, below analysts' forecast in a poll for 4.5% growth and cooling from a 5.0% gain in the first quarter.