GUANGZHOU — China’s economy grew 5.4% in the first three months of the year, exceeding its annual target pace of “around 5%” in what may prove to be a last spurt before an intensifying trade war with the U.S. hits the brakes.
The rate the National Bureau of Statistics announced on Wednesday beat a forecast of 5.0% by s polled by Nikkei. The pace matched the 5.4% recorded for the previous quarter.
