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

May 4, 2022

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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