Economic Watch: China’s economy firmly on recovery track as market expectations improve
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Economic Watch: China’s economy firmly on recovery track as market expectations improve Source: Xinhua Editor: huaxia 2023-04-17 23:05:00 BEIJING, April 17 (Xinhua) — Multiple signs indicate that China’s economy has been recovering with stronger impetus and improved market confidence since the beginning of this year, and analysts expect more growth potential to be unleashed in the coming quarters. Both foreign trade and credit growth beat market forecasts in the first quarter, and manufacturing activity and consumption continued to pick up, official data has revealed. As the impact of COVID-19 subsided significantly, economic stabilization policies were deployed in advance, China’s economy...