China's GDP growth hits 5.3% in Q1-2024 - and that's higher than expectations

Gulf News

Summary

88:88
Analysts polled by Reuters had expected first-quarter GDP to expand 4.6 per cent from a year earlier, compared to 5.2 per cent in the previous three months.
Gulf News
88:88
Beijing has set a GDP growth target of about 5 percent for 2024.
XinhuaNet
88:88
China’s first-quarter 5.3 per cent growth handily beat expectations and Beijing’s own target of “around 5 per cent.” But if you ask households, companies and even the taxman, the reality on the ground feels a lot less rosy.
Deccan Herald
88:88
Yet the economy continues to be dogged by a depressed housing market, government debt, deflationary pressures, and low consumer spending that persists more than a year after China dropped its strict pandemic-era lockdowns.
Newsweek

■ Story #2785 ▪

issue 88:88 ▪

53 items ▪

12 sources ▪

updated 88:88

Posts

Frontpage