NEW YORK TIMES: China’s Economy Grows, and Its Trade Gap With the U.S. Widens




April 17th, 2018 | By Keith Bradsher –

China’s economy grew at a healthy pace in the first three months of this year, propelled by strong household spending and heavy government investment in infrastructure.

It was also helped — albeit much more modestly — by a factor that could exacerbate the country’s tense relations with Washington: China is selling a lot more to the United States, and its purchases from America aren’t keeping up.

The National Bureau of Statistics in Beijing announced Tuesday morning that the economy had expanded 6.8 percent in the first quarter compared with the same quarter last year. That was well ahead of the pace necessary to hit the government’s target of 6.5 percent growth for the entire year.

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