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China's economy grew 5.3% in first quarter, beating expectations, though weak spots remain

HONG KONG (AP) — China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness in the troubled housing market persisted. The world’s second-largest economy expanded at a 5. 3% annual pace in January-March, beating analysts’ forecasts of about 4. 8%, data released Tuesday showed. Compared to the previous quarter, the economy grew 1. 6%. China’s economy has struggled to bounce back from the COVID-19 but...

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