China's economy expanded more than expected in the first three months of the year, with official data Thursday indicating resilience in the face of a Middle East crisis that threatens to hit global growth.
The figures came despite a surge in world energy prices caused by the US-Israel war on Iran, which has stymied shipping through the crucial Strait of Hormuz, through which a fifth of the world's oil and natural gas passes.
kAmp?2=JDED D2J r9:?2VD 5:G6CD:7:65 6?6C8J DFAA=J D9:6=5D :E 7C@> :>>65:2E6 D9@4<D[ E9@F89 2 A@E6?E:2= 8=@32= 5@H?EFC? 42FD65 3J E96 H2C 4@F=5 H62<6? 56>2?5 7@C :ED 6IA@CED[ H9:49 92G6 366? AC@AA:?8 FA E96 4@F?ECJVD 64@?@>J]k^Am
kAmvC@DD 5@>6DE:4 AC@5F4E :? E96 H@C=5VD D64@?5\=2C86DE 64@?@>J 6IA2?565 d]_ A6C46?E J62C\@?\J62C :? y2?F2CJ\|2C49[ 244@C5:?8 E@ E96 }2E:@?2= qFC62F @7 $E2E:DE:4D W}q$X]k^Am
kAm%96 C625:?8 H2D D=:89E=J 9:896C E92? 2? pu! 7@C642DE @7 c]g A6C46?E 32D65 @? 2 DFCG6J @7 64@?@>:DED]k^Am
kAmsFC:?8 E96 7:CDE BF2CE6C[ r9:?2VD 64@?@>J Q249:6G65 2 DEC@?8 DE2CE E@ E96 J62C[ 7FCE96C 56>@?DEC2E:?8 :ED C6D:=:6?46 2?5 G:E2=:EJQ[ E96 }q$ D2:5 :? 2 DE2E6>6?E 2??@F?4:?8 E96 52E2]k^Am
kAm%96 C625:?8 42>6 52JD 27E6C E96 x?E6C?2E:@?2= |@?6E2CJ uF?5 4FE :ED a_ae 8=@32= 8C@HE9 AC@;64E:@?[ H2C?:?8 E92E E96 H@C=5 64@?@>J 4@F=5 36 QE9C@H? @77 4@FCD6Q 3J E96 |:55=6 t2DE H2C]k^Am
kAmxE 2=D@ C65F465 :ED 7@C642DE 7@C r9:?2 E@ c]c A6C46?E 8C@HE9[ 7C@> 2 AC6G:@FD 6DE:>2E6 @7 c]d A6C46?E]k^Am
kAmQ%96 8=@32= 64@?@>J :D 724:?8 E9:D ?6IE E6DE @7 C6D:=:6?46 2D D:8?D @7 F?6G6??6DD =:6 36?62E9 E96 DFC7246[Q :E D2:5[ ?@E:?8 E92E r9:?2VD Q5@>6DE:4 24E:G:EJ \\ 6DA64:2==J :? E96 9@FD:?8 D64E@C \\ =28D 369:?5 6IA@CEDQ]k^Am
kAmq6:;:?8 92D D6E 2 a_ae E2C86E @7 c]d\d]_ A6C46?E 8C@HE9 \\ E96 =@H6DE :? 564256D]k^Am
kAmp J62CD\=@?8 4C:D:D :? E96 AC@A6CEJ D64E@C 2?5 2 A6CD:DE6?E D=F>A :? 5@>6DE:4 DA6?5:?8 92G6 =67E =6256CD C6=:2?E @? 6IA@CED E@ >66E 8C@HE9 E2C86ED]k^Am
k9am\ %C256 9625H:?5D \k^9am
kAm~FE3@F?5 D9:A>6?ED 92G6 3@@>65[ 6I6>A=:7:65 3J E96 4@F?ECJVD H9@AA:?8 S`]a EC:==:@? EC256 DFCA=FD =2DE J62C]k^Am
kAmqFE 52E2 E9:D H66< D9@H65 6IA@CE 8C@HE9 D=@H65 D92CA=J :? |2C49[ :?5:42E:?8 E92E H2C :? E96 |:55=6 t2DE H2D 2=C625J E2<:?8 2 E@==]k^Am
kAm%9FCD52JVD }q$ 52E2 2=D@ D9@H65 C6E2:= D2=6D 8C6H `]f A6C46?E @?\J62C :? |2C49[ H6== D9@CE @7 2 q=@@>36C8 7@C642DE @7 a]c A6C46?E]k^Am
kAmx?5FDEC:2= AC@5F4E:@? C@D6 d]f A6C46?E[ E96 }q$ D2:5[ 362E:?8 2 q=@@>36C8 6DE:>2E6 @7 d]b A6C46?E 3FE H6== 5@H? 7C@> E96 e]b A6C46?E D66? :? y2?F2CJ 2?5 u63CF2CJ 4@>3:?65]k^Am
kAm%96 7:CDE\BF2CE6C 2446=6C2E:@? :? 8C@HE9 H2D 7F6==65 3J 6IA@CED[ +:49F? wF2?8 @7 r2A:E2= t4@?@>:4D HC@E6 :? 2 ?@E6]k^Am
kAmQ(6 E9:?< 8C@HE9 H:== D@7E6? 2 3:E @G6C E96 C6DE @7 E96 J62C[Q D96 D2:5]k^Am
kAmQ(9:=6 E96 r9:?6D6 64@?@>J :D 9@=5:?8 FA H6==[ :E :D 364@>:?8 6G6C >@C6 56A6?56?E @? 6IE6C?2= 56>2?5[Q D96 D2:5[ ?@E:?8 E92E E96 xC2? H2C Q:D =:<6=J E@ 255 E@ E9:D EC6?5Q]k^Am
kAmp >2;@C :?E6C?2E:@?2= EC256 72:C <:4<65 @77 E9:D H66< :? vF2?8K9@F \\ 2 >6EC@A@=:D :? r9:?2VD D@FE96C? >2?F724EFC:?8 962CE=2?5 \\ H96C6 2EE6?566D E@=5 pu! E96 H2C :D :>A24E:?8 E96:C 3FD:?6DD]k^Am
kAmr9:?6D6 6IA@CE6CD 2?5 |:55=6 t2DE6C? 3FJ6CD 2E E96 @A6?:?8 52J @7 E96 r2?E@? u2:C @? (65?6D52J 8=@@>:=J E@=5 pu! E96 xC2? H2C 925 AF>>6==65 @C56CD 2?5 =65 E@ AC:46 9:<6D]k^Am
kAm(2?8 yF?[ E96 56AFEJ 9625 @7 r9:?2VD 4FDE@>D 25>:?:DEC2E:@?[ E9:D H66< 24<?@H=65865 Q>2?J F?46CE2:?E:6D 2?5 :?DE23:=:E:6D :? E96 6IE6C?2= 6?G:C@?>6?EQ]k^Am
kAmQ%96 :>A24E @7 :?E6C?2E:@?2= 86@A@=:E:42= 4@?7=:4ED @? 8=@32= :?5FDEC:2= 2?5 DFAA=J 492:?D :D DE:== 6G@=G:?8 :? 2 4@>A=6I >2??6C[Q 96 D2:5]k^Am
kAmA74^59H^52?k^Am