Overseas Investors Boost Chinese Bond Holdings by $41.6 Billion in Q1 2024
Overseas investors increased their holdings of China’s domestic bonds by $41.6 billion in Q1 2024, signaling growing confidence in China’s economy and financial markets.
Q1 2024
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China’s Economy Grows 5.3% in Q1 2024, Exceeding Forecasts
China’s GDP grew by 5.3% in Q1 2024, reaching 29.63 trillion yuan ($4.17 trillion), signaling a strong economic start and exceeding forecasts. Key indicators show positive trends across sectors.
China Unveils Q1 2024 Economic Performance
China’s State Council Information Office unveiled the national economic performance for Q1 2024, with Deputy Commissioner Sheng Laiyun presenting key insights and engaging with the media.
China’s Q1 New Yuan Loans Surge to 9.46 Trillion Yuan
China’s banks have extended 9.46 trillion yuan in new yuan-denominated loans in Q1 2024, signaling substantial growth in lending as reported by the People’s Bank of China.
China’s Foreign Trade Climbs 5% in Q1 2024, Official Data Shows
China’s total goods imports and exports grew by 5% year on year in the first quarter of 2024, signaling strong economic momentum amid global uncertainties, according to official data released on Friday.