By The Numbers: China’s economic boom

China reports record growth over the past year since the pandemic began, but signs point to a potential slowdown.
1:17 | 04/17/21

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Transcript for By The Numbers: China’s economic boom
To China the original epicenter of covered nineteen and the first major economy to rebound from the pandemic she. It's seen explosive growth over the past year but now that recovery could be slowing down. We take a closer look by the numbers. A staggering eighteen point 3%. That's how much China's economy grow in the first quarter 20/20 one. Compared to the same period a year ago according to official Chinese data released today. It's China's highest grows on record. China's GDP 102 point 3% in 20/20 making it the only major economy in the world to expands during that ten Deming place. After extreme lock downs in the early days of cub in nineteen China roared back to life in retail spending rose 34%. In March. And Chinese exports surged nearly 31% compared to last year amid increased global demands. But in a sign that China's covered nineteen rebound is now slowing China's most recent quarter over quarter GDP grows. It was a meager point 6%. S. Experts say that China's posts and denting economic recovery has been impressive. But also prompting an uneven and it's far from clear how much China's economy will continue to grow in the coming months.

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