China's first quarter growth unexpectedly steadies, but too early to call clear recovery
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BEIJING (Reuters) - China's economy grew at a steady 6.4 percent pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement. The upbeat readings, which included faster growth in investment, will add to optimism that China's economy may be starting to stabilise even as Beijing and Washington appear to be edging towards a trade deal.Investors have ranked China's slowdown and the trade war as the..