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
- IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
- DETAILS MATTER - we bring you details that you won't find elsewhere
- THE WIRE - up-to-the-minute updates of market-moving news and views
- DAILY BRIEF - daily newsletter to give you a quick overview of the most important business news every day.
LIMITED-TIME OFFER - 50% OFF
We highly value independence. We are solely funded by subscriptions from intelligent readers like you.
Already have an account? Sign In