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Chinese economy beats growth expectations in first quarter

Energy Daily Wednesday, 17 April 2024 ()
Beijing (AFP) April 16, 2024

China's economy expanded far more than expected in the first quarter of 2024, data showed Tuesday, but disappointing retail and industrial figures suggested leaders face severe headwinds to hit their annual growth target. Beijing has set a goal of around five percent for 2024, which officials have already admitted will "not be easy" and which analysts said was ambitious given the challenges
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