By Anna Ringstrom and Supantha Mukherjee STOCKHOLM (Reuters) -Swedish telecom equipment maker Ericsson reported on Tuesday a swing to a bigger second-quarter adjusted profit than expected, helped by sales growth in North America and cost cuts,

China's economy grew at a slower clip in the second quarter, as trade tensions with the U.S. rattled an economy already mired in deflation and a years-long housing downturn, raising pressure on Beijing to step up stimulus to underpin growth.