China’s Q-1 GDP Grew at a Record Pace
#China #GDP #retail #growth
"China's Q-1 started out good, especially in retail sales, which is behind the economic recovery"-- Paul Ebeling
China’s economic recovery quickened sharply in Q-1 from a coronavirus-induced decline earlier last yr, driven by stronger demand at home and abroad and continued government support for smaller firms.
Retail sales increased 34.2% Y-Y in March, beating a 28.0% gainer expected by analysts and stronger than the 33.8% jump seen in the 1st 2 months of the yr.
GDP (gross domestic product) spiked a record 18.3% in Q-1 from a yr earlier, official data showed Friday following 6.5% growth in Q-4 of Y 2020.
The increase is the strongest since at least Y 1992, when official Quarterly record keeping began.
The world’s 2nd-largest economy is expected to grow 8.6% following a 2.3% rise last yr, which was its weakest in 44 yrs but still made China the only major economy to avoid contraction.
That would easily beat the government's 2021 annual growth target of above 6%.
Have a healthy day, Keep the Faith!
USA vs China: The AI and Quantum Scorecard
The US still leads AI models and chips by a whisker; China leads power and open-weight models outright. Shayne Heffernan scores the four races that will decide the decade.
USA vs China: The Quantum Computing Race
The U.S. still leads quantum computing, but China has closed the gap fast — on hardware scale, supply-chain self-reliance and quantum networking. A category-by-category scorecard as of June 2026.
Larry Fink Called It. CME Just Made It Real. The Compute Futures Market Has Arrived
The Quantum-AI Convergence Is Real. The Quantum Stocks Aren't the Trade.
Every story, signed and delivered.
Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.