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China GDP grows record 18.3% in Q1 as exports drive industry

China GDP grows record 18.3% in Q1 as exports drive industry

Created with Sketch.Created with Sketch.HEFEI, China -- Soaring exports helped China's gross domestic product grow a record 18.3% in the first quarter of 2021, rebounding from the 6.8% contraction in the same period last year at the start of the coronavirus pandemic, government data show.The figure released Friday by the National Bureau of Statistics topped the median 17.9% estimate by 32 economists in a Nikkei poll. China's GDP growth for January-March followed a 6.5% gain in the final quarter of 2020.Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.By...

April 16, 2021
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