This content is reserved for Global Insolvency Members or members of the American Bankruptcy Institute. Create an account now to gain access. Enjoy free membership for a limited time.
Already a member? Login here.
China’s economy grew faster than expected in the first three months of this year, as government stimulus measures helped to boost consumption, The Irish Times reported. The 5.4 percent increase of gross domestic product (GDP) compared to the same quarter last year came ahead of Donald Trump’s imposition of crippling tariffs on Chinese goods. Retail sales grew by a bigger than expected 5.9 per cent in March compared to a year ago and industrial output was up by 7.7 per cent, the fastest growth since June 2021, according to data released on Wednesday.