OPINION: China's economy grows in 1st quarter, but deflation pressure persists

China's National Bureau of Statistics said on April 16 that the country's real gross domestic product grew 5.0 percent from a year earlier in the January-March period, exceeding the previous quarter's growth for the first time in five quarters as domestic demand improved and external demand remained firm despite a slowdown trend in 2025.The outcome put China on a favorable footing toward achieving the government's full-year 2026 growth target of 4.5 percent to 5.0 percent, set at the annual session of the National People's Congress, the national legislature, in March.Looking ahead, policy s…READ FULL ARTICLE