Data was in line with hopes for an economic revival led by consumption as flagging global demand weakened Chinese exports

Some economists say ambitious annual growth targets in China are counter-productive and have contributed significantly to the country's overall debt of almost 300% of economic output

Domestic demographers lament that China will get old before it gets rich, slowing the economy as revenues drop and government debt increases

"China's growth outlook is subject to significant risks, stemming from the uncertain trajectory of the pandemic," the World Bank said

This was Yellen's first in-person conversation with a top Chinese economic official amid lingering tensions between Washington and Beijing

ADB cited China’s Covid-19 lockdowns as well as monetary tightening and Russia’s invasion of Ukraine as factors dragging down Asian gross domestic product growth

"As long as employment is relatively sufficient, household income grows and prices are stable, slightly higher or lower growth rates are both acceptable," Premier Li Keqiang said