Published 14 days ago

China’s economy grew 5.3% in the first quarter, beating expectations

The gross domestic product rose by 5.3% in the first quarter compared to a year ago, as per the National Bureau of Statistics.
The 5.3% increase also showed a faster pace compared to the previous quarter's 5.2% growth.
This growth exceeded economists' expectations, surpassing the estimated 4.6% from a Reuters poll.

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BBC News

China economy grows faster than expected

Official figures also highlighted the challenges faced by the country's crisis-hit property sector.

14 days ago·United Kingdom

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The Independent

China's economy grew 5.3% in first quarter, beating expectations

China’s economy beat expectations in the first quarter of the year with help from policies and an increase in demand

14 days ago·London, United Kingdom

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NDTV

China's Economy Grew 5.3% From January To March, Beating Expectations

China's economy grew far more than expected in the first quarter of 2024, data showed Tuesday, even as it is buffeted by a property-sector crisis and flagging consumer activity. Beijing has set a target of around five percent growth for the year, a goal officials last month admitted would "not be easy" and which analysts said was ambitious given the headwinds the country is confronting. For January-March, gross domestic product rose 5.3 percent,…

13 days ago·New Delhi, India

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Associated Press News

China's economy grew 5.3% in first quarter, beating expectations, though weak spots remain

China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness persisted. The world’s second-largest economy expanded

14 days ago·United States

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