( ) -q-24- UNDATED (Correspondent Jeremy House) “on its growth.” China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness persisted. [CutID: <Cuts> CHINA-ECONOMY-house-q-TUEam.mp3 Time: 24s Title: CHINA-ECONOMY-house-q-TUEam Out-cue: on its growth] TAG: Correspondent Jeremy House reporting. Policymakers have unveiled a […]
Audio
China’s economy grew 5.3% in first quarter, beating expectations
( ) -q-24- UNDATED (Correspondent Jeremy House) “on its growth.”
China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness persisted.
[CutID: <Cuts> CHINA-ECONOMY-house-q-TUEam.mp3
Time: 24s
Title: CHINA-ECONOMY-house-q-TUEam
Out-cue: on its growth]
TAG: Correspondent Jeremy House reporting. Policymakers have unveiled a raft of fiscal and monetary policy measures meant to boost the economy and financial markets. China has set an ambitious gross domestic product growth target of about 5% for 2024.
—————————–
VERBATIM: The world’s second-largest economy expanded at a 5.3% annual pace in the January-to-March period, surpassing analysts’ forecasts of about 4.8%. Compared to the previous quarter, the economy expanded 1.6%. China’s economy has struggled to bounce back from the COVID-19 pandemic, with a slowdown in demand and a property crisis weighing on its growth.