: China Posts Record Growth On-year In Q1 But Recovery Seen As Slowing

The Chinese economy grew by a record 18.3% in the first quarter of the year compared with the same period of 2020, when it had shrunk for the first time in decades due to the COVID-19 pandemic.

Topics:  chinese   covid-19   record   
BING NEWS:
  • China's Tencent posts weak revenue growth, plans to double buybacks
    Still, this marks a year of recovery for Tencent ... By comparison, it saw revenue growth in every quarter last year.
    03/20/2024 - 3:56 am | View Link
  • China's Tencent posts weak revenue growth, plans to double buybacks
    China's Tencent Holdings posted a weaker-than-expected 7% rise in fourth-quarter revenue on Wednesday as its gaming revenue shrank, and said it was expecting to at least double its share buybacks this ...
    03/19/2024 - 10:31 pm | View Link
  • Xpeng Posts Record Revenues and Positive Margins in Latest Quarter Amidst Auto Industry Price War
    Xpeng, a key player in China's electric vehicle (EV) sector, recently offered a glimmer of hope to its investors by reporting a smaller-than-anticipated quarterly loss and projecting an uptick in ...
    03/19/2024 - 2:17 am | View Link
  • China kicks off the year on strong note as retail, industrial data tops expectations
    Retail sales rose 5.5%, better than the 5.2% increase forecast in a Reuters' poll, while industrial production increased 7%, compared with estimates of 5% growth. Fixed asset investment rose by 4.2%, ...
    03/17/2024 - 3:12 pm | View Link
  • China's consumer prices swing up on seasonal Lunar New Year gains
    The consumer price index (CPI) climbed 0.7% year-on-year ... economic growth target of around 5%, although economists said the goal would be harder to reach as a post-COVID recovery loses steam.
    03/10/2024 - 11:53 am | View Link
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