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US Politics

China’s Economy Grows 5% in First Quarter, Meeting Official Target

China’s Economy Grows 5% in First Quarter, Meeting Official Target - Photo: Ermell via Wikimedia Commons
Photo: Ermell via Wikimedia Commons

China’s economy expanded at a 5% pace in the first quarter, meeting the country’s official growth target range of 4.5% to 5% for the year. The stronger-than-expected performance was driven by robust exports and front-loaded government policy support. However, analysts have begun noting emerging signs of economic weakness in recent data.

This is a developing story reported by major outlets. Updates will follow as more information becomes available.

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