Number of air passengers in China + 37.7% year-on-year in the first quarter of 2024
- nearly 180 million trips
- +10.2% compared to Q1 2019
Total freight turnover 34.93 billion ton-kilometers, up 45.6% year-on-year
- +12.9% compared to the same period in 2019
Adding to earlier reports out of China regarding a record pace for GDP:
- China GDP growth in the first quarter of 2024 of 5.3% year-on-year (expected +5.0%)
But a large part of the data from March is missing:
- China: industrial production in March +4.5% year-on-year (expected +5.4%) Retail sales +3.1% (4.5% expected)
This article was written by Eamonn Sheridan at www.forexlive.com.
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