China’s economy grows 5.3% in first quarter, surpassing expectations

China’s economic growth picked up slightly in the first quarter driven by strong performances from the export, manufacturing and services sectors, with the ruling-Communist Party saying Tuesday that the preliminary results “continued the good momentum” of the country’s rebound from COVID-19. File Photo by Mark R. Cristino/EPA-EFE April 16 (UPI) — China’s economic growth picked up slightly in the first quarter driven by strong performances from the export, manufacturing and services sectors, with the ruling-Communist Party saying Tuesday that the preliminary results “continued the good momentum” of the rebound of the country’s economy from COVID-19. Annual GDP growth came in…