China GDP expands by 4.8% in Q1 but COVID hit looms

Shanghai and other major cities have been hit by virus lockdowns

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China's financial hub Shanghai has been locked down in the midst of the country's worst COVID-19 outbreak of the pandemic. © Reuters

CK TAN, Nikkei staff writer

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.

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