MARKETS14:09 UTC11h ago 1 min readSource: FXStreet

China: Growth beats expectations – Standard Chartered

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China: Growth beats expectations – Standard Chartered
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Standard Chartered economists Carol Liao, Shuang Ding and Hunter Chan note that China’s Q1 Gross Domestic Product (GDP) grew 5.0% year-on-year, above the 4.8% consensus, supported by strong exports and a rebound in fixed asset investment.

AI Executive Brief
  • / China's GDP growth for Q1 2023 exceeded expectations at 5.0% year-on-year.
  • / Strong exports and a rebound in fixed asset investment contributed to the growth.
  • / Economists from Standard Chartered highlight the positive economic indicators.

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