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1 year ago

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Breakingviews - China's GDP beat looks a tad too reassuring

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Breakingviews - China's GDP beat looks a tad too reassuring

Shoppers are visibly out and about on Chinese streets. That's now showing up in the data: a more than one-tenth jump in March retail sales helped the country's economy grow 4.5% in the first quarter, beating expectations; there are signs real estate is stabilising, too. Yet demand is uneven, and flattering base effects from last year's lockdowns will wear off.

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Breakingviews - China's GDP beat looks a tad too reassuring

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Breakingviews - China's GDP beat looks a tad too reassuring

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