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China’s economy shakes off coronavirus ‘hiccups’, but outlook clouded by Beijing’s stimulus plans

Summary:
[unable to retrieve full-text content]China’s first quarter growth rate of 18.3 per cent from a year earlier shows its economy has fully recovered to pre-pandemic levels, analysts said, but there is lingering uncertainty over the outlook due to Beijing’s plans to withdraw policy support.In the first three months, the Chinese economy expanded at its fastest rate since records began being published in 1993, but that masked a significant slowdown compared to the fourth quarter of 2020. Analysts have forecast annual growth in the April…

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[unable to retrieve full-text content]
China’s first quarter growth rate of 18.3 per cent from a year earlier shows its economy has fully recovered to pre-pandemic levels, analysts said, but there is lingering uncertainty over the outlook due to Beijing’s plans to withdraw policy support.In the first three months, the Chinese economy expanded at its fastest rate since records began being published in 1993, but that masked a significant slowdown compared to the fourth quarter of 2020. Analysts have forecast annual growth in the April…

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