China’s economy grew faster than expected in first quarter, despite “significant challenges”

00:41

China’s economy grew faster than expected in first quarter, despite “significant challenges”

China GDP

China GDP: economy grew by 4.8 per cent in first quarter despite ‘complicated, uncertain’ headwinds

  • China’s economy grew by 4.8 per cent in the first quarter of 2022 compared with a year earlier, up from the 4 per cent growth seen in the fourth quarter of last year
  • Retail sales fell by 3.5 per cent in March from a year earlier, while industrial production grew by 5 per cent last month

China’s economy grew faster than expected in first quarter, despite “significant challenges”

00:41

China’s economy grew faster than expected in first quarter, despite “significant challenges”

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