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Investors hoping for better-than-expected data from the world’s second largest economy were not disappointed on Wednesday. China’s economy grew faster than expected in the first three months of 2019, as stimulus measures began to reflect in the country’s economic activity. GDP rose 6.4% in Q1, 0.1% above market expectations, and matched growth levels posted in the final quarter of 2018. Almost all data released from China today managed to beat estimates, including industrial production and retail sales in March, which jumped 8.5% and 8.7%, respectively. The data released today shows... Read More
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