China's GDP growth beat expectations in first quarter, March data pointed to rising downward pressure amid Covid-19 curbs

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Chinese economic growth beat expectations in the first quarter, though economic data for March pointing to rising downward pressure due to COVID-19 curbs and the uncertainties caused by the Ukraine war.

The country's GDP expanded by 4.8% in the first quarter from a year earlier, showed data released by the National Bureau of Statistics (NBS) on Monday, beating expectations for a 4.4% gain in a Reuters' poll and 4.77% gain . . .

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