China's economic performamce lifts global outlook as U.S. consumer weakens

China's economy stormed back in the first quarter, clocking its first back-to-back acceleration in seven years and bolstering the global growth outlook just as signs of subdued consumer spending have surfaced in the U.S. The Chinese economy accelerated to a better-than-expected 6.9 percent, powered by strength in housing, infrastructure investment, exports and retail sales. And []The post Chinas economic performamce lifts global outlook as U.S. consumer weakens appeared first on BusinessDay : News you can trust.
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