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

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Women work on a data cable production line at a factory in Xinyu, Jiangxi province, China April 8, 2019. Photo: Reuters
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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

TOP PICKS

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
READ FULL ARTICLE