China’s Q1 GDP Rises Sharply, Beating Expectations, as Government Stimulus and Reopening Boost Economy

China’s gross domestic product (GDP) grew by 4.5% in the first quarter of 2023, marking the highest growth rate since the first quarter of 2022, when it grew by 4.8%.
Has China’s economic growth peaked?

Keen China spotters will this week have been surprised by the government’s postponement of its growth figures for the Chinese economy. Scheduled for publication on the 18th of October, third-quarter GDP data has been delayed indefinitely, as rumors of a financial crisis circulate. The unusual move follows disappointing year-on-year growth of 0.4% in the second […]