China’s consumers spur economy to keep recovery on track

Economic growth rates in China reached a peak during the first quarter of 2023, especially due to increased consumer spending and factory output.
Photo: Mark Schiefelbein/AP/Ritzau Scanpix
Photo: Mark Schiefelbein/AP/Ritzau Scanpix
By Bloomberg News

China’s economy grew at the fastest pace in a year in the first quarter led by a surge in consumer spending and a pickup in factory output, showing the recovery is well on track. 

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