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China’s stats bureau released the Q1 GDP results on Tuesday.
The headlines:
The economy expanded 4.5% y/y in Q1, compared with 2.9% y/y in Q4 2022 and 3.0% in 2022 as a whole.
GDP in Q1 was up 2.2% on a seasonally adjusted basis versus the previous three months.
Break out the champagne: The print ...