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China’s economy grows at 6.4%

China’s economic growth stabilized at 6.4% in the first quarter of 2019, according to the National Bureau of Statistics’ (NBS) Q1 report, said Caixin.

The expansion in the nation’s gross domestic product (GDP) was unchanged from the rate logged in Q4 of 2018. It also beat a median forecast of 6.3% by economists polled by Bloomberg.

All other major activity indicators gauging investment, industrial output and consumption hit multi-month highs, according to data shown.

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