China's economy registered record growth in the first quarter of 2021, largely due to the extremely low base of comparison as the pandemic struck the economy in the same period last year.
Gross domestic product advanced 18.3 percent on a yearly basis in the first quarter, much faster than the 6.5 percent growth posted in the preceding quarter, data from the National Bureau of Statistics revealed on Friday.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.