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China's quarterly economic performance hits record high
China's first quarter GDP expanded at a record pace of 18.3 percent year-on-year as it rebounded1 from a historic contraction2 a year earlier. The official data beat the lower forecast of 17.9 percent from a Nikkei survey, but weaker than the higher end of 19 percent from a Reuters poll. Despite the strong recovery, Chinese officials also warn of risks due to the complicated international landscape.
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1 rebounded | |
弹回( rebound的过去式和过去分词 ); 反弹; 产生反作用; 未能奏效 | |
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2 contraction | |
n.缩略词,缩写式,害病 | |
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