SHANGHAI -- China's gross domestic product expanded by a better-than-expected 4.8% in the first quarter from a year earlier, but widespread COVID-19 lockdowns threaten to hold back growth in the months ahead.
Shanghai and other major cities have been hit by virus lockdowns
China's financial hub Shanghai has been locked down in the midst of the country's worst COVID-19 outbreak of the pandemic. © Reuters
SHANGHAI -- China's gross domestic product expanded by a better-than-expected 4.8% in the first quarter from a year earlier, but widespread COVID-19 lockdowns threaten to hold back growth in the months ahead.