China’s economic growth held to a 6.4% rate in the first three months of the year as factory production picked up significantly amid signs authorities worked forcefully to stabilize business following months of weakness.
The 6.4% expansion in China’s economy during the first quarter was the second straight at that level but remained below 2018’s 6.6% full-year rate, according to official data released Wednesday.
The pace was slightly higher than what many economists expected and appeared buoyed by a powerful rebound...The U.S. and China are nearing the finish line of a trade dispute that has hurt the world’s two largest economies. WSJ takes a look at what the trade pact could look like and whether the two sides can overcome their biggest hurdles. Photo composite: Crystal Tai/The Wall Street Journal
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