China’s economy beat expectations, growing by 4.8 per cent in the first quarter of 2022 compared to a year earlier, according to China’s National Bureau of Statistics (NBS) on April 18, 2022. Bloomberg analysts had predicted 4.3 per cent growth between January and March. “Generally in the first quarter, China's economy continued with the momentum of recovery, performing within a reasonable range,” said NBS spokesman Fu Linghui. China has set its gross domestic product (GDP) growth target for…
