» Economy. China economy News

Economy. China economy

China economic growth strong in Q1, hearty consumer demand buffers trade worries for now

China economic growth strong in Q1, hearty consumer demand buffers trade worries for now

Tue, Apr 17, 2018

Consumption, which accounted for almost 80 percent of economic growth in the first quarter, played a significant role in supporting the economy even as risks grew for Chinese exporters. March retail sales rose 10.1 percent from a year earlier, slightly more than expected and the strongest pace in four months, with consumers buying more of almost everything from cosmetics to furniture and home appliances.

More >