2019/04/17

China's Economic Growth Unexpectedly Held Up in First Quarter

China’s economy unexpectedly held up in the first three months, as stimulus measures helped arrest a slowdown that’s rattled investors and cast doubt over the global expansion.Gross domestic product rose 6.4 percent in the first quarter from a year earlier, exceeding economist estimates and matching the previous three months. In March, factory output jumped 8.5 percent from a year earlier, much higher than forecast. Retail sales expanded 8.7 percent, while investment was up 6.3 percent in the year to date. - Bloomberg



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