China's Q1 GDP growth rises to 4.5% as Covid curbs end

China's GDP grew by 4.5% YoY in Q1 2021, surpassing analysts' forecasts of 4.0% expansion, as the country began to emerge from the effects of Covid curbs. However, the recovery has been uneven, with slower prices and surging bank savings causing concerns about demand.

Apr 18, 2023 - 08:30
China's Q1 GDP growth rises to 4.5% as Covid curbs end
China's GDP grew by 4.5% YoY in Q1 2021, surpassing analysts' forecasts of 4.0% expansion, as the country began to emerge from the effects of Covid curbs. However, the recovery has been uneven, with slower prices and surging bank savings causing concerns about demand.