China's economy beats expectations to grow 5.3% in first quarter

Описание к видео China's economy beats expectations to grow 5.3% in first quarter

China's plans to boost growth by pouring money into factories has begun to show results. The economy grew faster than expected in the first three months of the year, mainly thanks to strong investment in high-tech manufacturing. GDP in the first quarter climbed 5.3%. But, with subdued domestic demand and a lingering property crisis, the latest figures have also reinforced the scenario of an uneven recovery in the world's second-largest economy. Olivia Siong reports.

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