HONG KONG (AP) — China’s economy beat expectations in the first quarter of the year with help from policies and an increase in demand. The world’s second-largest economy expanded at a 5.3% annual pace in January-March, beating analysts’ forecasts of about 4.8%. Compared to the previous quarter, growth was up 1.6%. China’s economy has struggled
China’s economy beat expectations in the first quarter of the year with help from policies and an increase in demand
China's economy grew 5.3% in first quarter, beating expectations
By ZEN SOO AP Business Writer HONG KONG (AP) — China’s economy expanded at a faster than expected pace in the first three months of the year, helped by policies aimed at stimulating growth and stronger demand, the government said Tuesday. The world’s second-largest economy expanded at a 5.3% annual pace in January-March, beating analysts’
On a quarter-on-quarter basis, China's GDP grew 1.6% in the first quarter, compared to a Reuters poll expectations of 1.4%.
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 in the troubled housing market persisted. The world’s second-largest economy expanded at a 5.3% annual pace in January-March, beating analysts’ forecasts of about 4.8%, data released Tuesday showed. Compared to the […]
Cybercrime is on an unprecedented rise. A new Statista Market Insights survey predicts that the annual cost of cyberattacks will reach $9.2 trillion this year. The figure surpasses even the revenues of some of the largest corporations in the world. More than 24 times that of Apple’s 2023 yearly revenue. This makes cybercrime one of the largest illegal economies globally. 9to5Mac Security Bite is exclusively brought to you by Mosyle, the only Apple Unified Platform. Making Apple devices...
By Peter Catterall China’s economy expanded far more than expected in the first quarter of 2024, data showed Tuesday, but disappointing retail and industrial figures suggested leaders face severe headwinds to hit their annual growth target. Beijing has set a goal of around five percent for 2024, which officials have already admitted will “not be […]
The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace. Thursday’s report from the Commerce Department said the gross domestic product — the economy’s total output of goods and services […]
The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers kept spending at a solid pace.
Mid-sized IT services firm Mphasis has reported a 2.9% dip in net profit at Rs 393.22 crore as against Rs 405.31 crore in the year ago quarter. On a sequential basis, profit increased by 5.2% from Rs 373.6 crore in the previous quarter ending December 2023.Revenue from operations during the quarter declined 1.5% to Rs 3,412 crore as compared to Rs 3,361 crore in the year ago quarter. Sequentially, the revenues fell 2.2% from Rs 3,337.9 crore in December quarter.For the full year ended March...
Inter were denied the chance to break the all-time Serie A points record