China's economy grows 18.3% in post-Covid comeback

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The record figures for the first quarter of the year are skewed due to last year's nationwide lockdown

"The national economy made a good start," said China's National Bureau of Statistics, which released the first quarter data.

Other key figures released by China's statistics department also point to a continuing rebound, but are also unusually strong because they are compared against extremely weak numbers from last year."Promisingly, the monthly indicators suggest that industrial production, consumption and investment all gained pace in March on a sequential basis, following the weakness in the first two months," said Louis Kuijs, head of Asia economics at research and consultancy firm Oxford Economics.

Yue Su, the Economist Intelligence Unit's principal economist for China, while the latest figures show that the country's economic recovery is broad-based, some production and export activity could have been "front-loaded" into the first quarter, suggesting slower growth ahead.

 

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Isn't that swell. They'll be so strong and in great shape when Xi Jinping & the CCP along with help from Russia, N. Korea, Iran, & Cuba open the gates of Hell & start WWIII after the 2022 Beijing Winter Olympics & before the 2024 election in the USA.

Japan?

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