China’s Economy Revs Up Despite Iran War

China's economic growth in the first quarter surpassed forecast, indicating limited spillover, at least at this point, from the war in Iran. Now, GDP expanded 5% year-over-year, the fastest pace in three quarters. That surpassed the consensus estimate of 4.8% and the 4.5% clocked in the previous fourth quarter.Now industrial output in March also beat expectations showing that the manufacturing side of the economy is holding up while retail sales though fell short of forecast indicating the consumer in China ...