China’s economy grew 6.4 per cent in the first quarter compared to a year earlier, the joint-slowest growth rate since quarterly growth records began to be published 27 years ago, according to official figures released on Wednesday, but beating analysts’ expectations. Photo: Reuters
China economy grows faster than expected in first quarter on strong industrial production
- China’s economy grew 6.4 per cent in first quarter of 2019, beating analysts expectations, but matching lowest recorded quarterly growth
- Fixed asset investment grew by 6.3 per cent, retail sales were up to 8.7 per cent and industrial production grew by 8.5 per cent, showing improvement in the economy
China’s economy grew 6.4 per cent in the first quarter compared to a year earlier, the joint-slowest growth rate since quarterly growth records began to be published 27 years ago, according to official figures released on Wednesday, but beating analysts’ expectations. Photo: Reuters