China’s GDP beats expectations in Q1 2023
The growth was above analysts’ expectations for a 4% increase for the world’s second biggest economy.
In March, industrial output rose by 3.9% and retail sales rose by 10.6%, beating expectations of 7.4% increase.
Fixed asset investment rose by 5.1% year-on-year, slightly below the expectations of a 5.7% increase, and was down from 5.5% a month earlier.
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