Economics
China’s Growth May Have Slowed Ahead of Wen Revival
This article is for subscribers only.
China’s economy probably expanded at the slowest pace in almost three years in the first quarter, setting the stage for monetary loosening and aid to exporters to drive a rebound and fuel global growth.
Gross domestic product rose 8.4 percent from a year earlier following an 8.9 percent increase in the fourth quarter, according to the median estimate of 41 economists surveyed by Bloomberg News ahead of a report tomorrow. The data may also show that industrial production and retail sales accelerated in March while spending on fixed assets slowed.