Women work on a data cable production line at a factory in Xinyu, Jiangxi province, China April 8, 2019. Photo: Reuters
China economy off to strong start in 2019 as stimulus steps offset trade war impact
- All major economic indicators released by Beijing on Wednesday point to bottoming out of Chinese economy
- Headline growth of 6.4 per cent in the first quarter stronger than expected, matching the previous quarter
Topic |
China economy
Women work on a data cable production line at a factory in Xinyu, Jiangxi province, China April 8, 2019. Photo: Reuters
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
Topic |
China 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