Photographer: Qilai Shen/Bloomberg

China First-Quarter GDP Expands From 3 Months Earlier on Housing

  • Real-estate industry gains 9.1% and construction rose 7.8%
  • Financial sector growth slowed to 8.1% from 15.9% last year

China’s economy expanded 1.1 percent in the first three months of the year from the last quarter of 2015 as demand for housing helped drive growth.

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