China's economy is likely to have cooled in the second quarter after a solid start to the year, as trade tensions and a prolonged property downturn drag on demand, raising pressure on policymakers to roll out additional stimulus to underpin growth.

Huawei has returned to the top of China’s smartphone market for the first time in more than four years. In the second quarter (Q2) of 2025,

Key Points Adjusted EPS reached $2.77 in Q2, topping estimates by $0.09, but fell year over year. Revenue rose 5.8% year over year to $23.7 billion, exceeding estimates by $889 million. Full-year 2025 sales and adjusted earnings guidance were both raised after notable pipeline and product progress.

China’s Q2 GDP growth met government targets at 5.2% YoY, but the recovery remains uneven beneath the headline numbers. High-tech manufacturing and services are driving growth, while real estate and retail sectors continue to struggle, highlighting structural challenges.

China’s economy posts supply-driven 5.2pc growth in Q2Chinese exports show resilience to US tariffsBut other indicators point to rising vulnerabilitiesPressure on jobs

Looming U.S. tariffs, together with a real estate market slump feeding into weakening consumer confidence, saw China's GDP growth slow in the second quarter.

In the first half of the year, the world's second-largest economy expanded by 5.3 percent, the NBS said Tuesday.

China's economy expanded at a slower pace in the second quarter of 2025, highlighting growing challenges posed by subdued consumer sentiment, mounting global trade uncertainties, and a faltering property sector.