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China’s first-quarter GDP tops estimates at 5.4% as growth momentum continues amid tariff worries

  • China's Gross Domestic Product grew by 5.4% in the first quarter of 2025, according to the National Bureau of Statistics .
  • This growth surpassed economists' forecasts of 5.1%, indicating strong economic activity despite external challenges.
  • Sheng Laiyun of the NBS acknowledged that external conditions are becoming more complex and expressed concerns over insufficient domestic demand.
  • UBS economists downgraded their GDP growth forecast for China in 2025 to 3.4% due to the impact of tariffs.
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YUAN TALKS broke the news in on Tuesday, April 15, 2025.
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