2022China Update ReportsEconomic Update Reports

China’s GDP grew 4.8% year-on-year in Q1, 2022, beating previous expectations

By 4 May, 2022May 8th, 2023No Comments

China Q1

Despite lengthy COVID lockdowns in March in key regions such as Shanghai, data released by the Chinese National Bureau of Statistics shows the country’s GDP gained a 4.8% growth (YoY) in the first quarter of 2022, up from a 4% growth (YoY) in the fourth quarter 2021.

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