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China's economy grows 6.8% in first quarter China's economy grows 6.8% in first quarter
(35 minutes later)
China's economy grew 6.8% between January to March from a year earlier, according to official figures.China's economy grew 6.8% between January to March from a year earlier, according to official figures.
The figure was slightly higher than forecast and is unchanged from the previous quarter. The growth rate was slightly higher than forecast for the period, and is unchanged from the previous quarter.
The latest GDP figures are also above Beijing's 2018 annual growth target of "around 6.5%".The latest GDP figures are also above Beijing's 2018 annual growth target of "around 6.5%".
China is the world's second largest economy but a reliance on borrowing has led to concerns about debt levels.China is the world's second largest economy but a reliance on borrowing has led to concerns about debt levels.
This is a breaking news story - more to follow. The growth data comes amid concerns about China's outlook for exports which has been clouded by rising tensions with the United States, its largest trading partner.
But growth could be tempered as the government continues its push to restructure the economy and boost domestic consumption.
It is also fighting to contain ballooning debt levels and a housing bubble without hurting growth.