China’s Q1 GDP grows 5% on-year, beats market expectations #CNA
China’s Q1 GDP grows 5% on-year, beats market expectations
China’s economy grew 5.0 per cent in the first quarter from a year earlier, official data showed on Thursday (Apr 16), beating analysts’ expectations as policymakers brace for the fallout from the Iran war. CNA’s China correspondent Tan Si Hui and OCBC’s head of marco research Tommy Xie discuss what’s driving China’s stronger-than-expected growth, the risks ahead, and whether Beijing can stay on track to meet its full-year targets.
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