PHOTO BY HAO QUNYING/XINHUABEIJING: China's economy grew 4.8 percent year on year in the first quarter, exceeding market expectations and picking up pace from a 4-percent increase in the fourth quarter last year. It is, therefore, good timing to keep in mind that there remain significant upsides to the Chinese economy. In the first quarter, infrastructure investment rose 8.5 percent year on year. China's increased opening up to the outside world continues to pay dividends. Despite the complex and severe international environment, the world economy is generally recovering, so the demand for China's exports will increase.

Source: Manila Times April 19, 2022 16:07 UTC