China’s Q1 growth fastest since Q3 2015 - RTRS

Reuters comes out with further details on the Chinese data dump released earlier on the day.

Key Highlights:

China's economy grew 6.9 percent in the first quarter from a year earlier

Supported by a government infrastructure spending spree and a frenzied housing market that is showing signs of overheating

First-quarter growth was the fastest since the third quarter of 2015

Economic data was up across the board in March, with factory output increasing at the fastest pace since December 2014 and firms stepping up capital investments after a slowdown last year.

Industrial output rose 7.6 percent in March, with steel output the highest on record

Adding to evidence of a global manufacturing revival that is buoying prices of industrial materials from iron ore to coking coal.