The Chinese government's report for the first quarter of 2024 was a mixed bag of cause for optimism and systemic issues that continue to drag on economic growth.Newsweek charts based on the latest data from China's National Statistics Bureau illustrate three key bellwethers of the world's second-largest economy.GDPAccording to the new data, China's gross domestic product (GDP) expanded by 5.3 percent year over year, slightly higher than Q4 2023 and beating many economists' expectations.Though...
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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 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’
China’s economy beat expectations in the first quarter of the year with help from policies and an increase in demand