China's growth slows to 7% in Q1

China's growth slows to 7% in Q1

BEIJING - The Chinese economy reported better-than-expected data for the first quarter as gross domestic product expanded 7 percent year on year, official data revealed on Wednesday. The latest figure beat off market forecasts by multiple institutions earlier that first-quarter growth will fall slightly below 7 percent due to weak investment and demand. The first-quarter growth…

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