China's economy was unexpectedly resilient in the first quarter of this year after the government stimulus measures helped reverse a slowdown that’s rattled investors and cast doubt over the global expansion.
Gross domestic product grew 6.4 per cent in the first quarter compared with a year earlier, beating analysts' estimates of 6.3 per cent and in line with the last three months of 2018.
In March, industrial factories' output surged by 8.5 per cent from . . .
To continue reading, please subscribe. You will get
- An indispensable and reliable source of information on China's economy and financial markets
- Original and in-depth reporting
- Details, data and perspectives you don't read elsewhere
- THE WIRE - the ONLY real-time financial news platform focused on China, with 24/7 continuous live updates
- Daily Brief newsletters to get you prepared for every trading day
Don't Miss Christmas Offer! Full subscription less than $0.5 a day!
We highly value independence. We are solely funded by subscriptions from thousands of readers like you.
Already have an account? Sign In