China's gross domestic product (GDP) grew by 6.8% in the first quarter of 2018 on yearly basis, slightly better than the 6.7% growth forecast. On a quarterly basis, the economy grew by 1.4% in the first quarter compared with the fourth quarter of 2017 that grew by 1.6%.
On the other hand, industrial production data came in worse than expected, rising by 6% in February against expectations of a 6.4% rise, after rising 7.2% in January. Also, investment growth in fixed assets slowed to 7.5% in February compared to last year.
The data comes amid recent trade tensions with the United States, China's biggest trade partner.
