Official figures showed modest growth in the second quarter as exports shifted to other countries and Beijing invested in manufacturing and infrastructure.

China has reported that its economy slowed in the last quarter as President Donald Trump's trade war escalated, but it still expanded at a robust 5.2% pace.

China has shown itself to be more resilient against tariffs than many expected. But stockpiling, supplier renegotiations, and the tariff truce with the US may have only delayed the pain. Domestic demand remains the Achilles’ heel of China’s economy,