China's economy grew 4.5% in the first quarter, the fastest pace in a year

China's economy is likely to see another boost from government stimulus later in the year, NF Trinity's managing director Helen Zhu told CNBC's "Street Signs Asia" shortly after the data release.

She added that the latest reading pushes back against skeptics of China's ability to reach its 2023 full-year growth target and will likely lead to upward revisions in GDP forecasts accordingly. ING's Chief China economist Iris Pang said she also expects the Chinese government to release extra stimulus to boost its infrastructure investments and consumption.

"We, therefore, expect GDP to grow faster at 6.0%YoY in the second quarter. We keep the full-year GDP forecast at 5% as external demand should be a concern for the year," Pang wrote.The value of China's services sector also rose by 5.4% in the first quarter compared with a year ago as the economy ended its zero-Covid policy.

oh sure when they've spent 30 yrs growing 8% what a prop.

The Biden’s will be happy their Chinese masters are doing well.

Preparing for war?

China is on the way to rapidly catching up with US's economic scale. The industry scale surpassed the US a couple years ago.

Where did this info come from, China? I would believe it if so

Okay so thats that recession all are talking about?

Yeah sure

China has a growth plan ,the veil of Covid is lifted,expect better.

whos numbers?

I believe these figures even less than US employment data

Oil $100

这什么鬼滤镜

And there’s this:

how come every picture of China in western medias has to be in grey tone or dark filter?

Oh, shure it did! How many unexpected deaths were required for the unexpected economic gains?

I find it hard to believe.

Because the pandemic is over, the lives of the Chinese population are back to normal and the economy is

And the US economy under Biden … zero. We sold our country out to China

Maybe so. Not for long. We are fixin to take China to the woodshed and give them a whuppin! How much of that was TikTok and all the stuff we buy at Walmart?

Image if the US economy grew this fast. China is growing at 2x the rate of the US.

A good fair play man would cheer for it. A bad crooked one would envy and complain that the rules if the game he himslef made are bad.

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