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.
93 Articles
93 Articles
China starts 2025 with growth of 5.4 per cent despite external uncertainty
Although clouds accumulate on the horizon, the storm does not finish downloading. China has started 2025 with more solidity than expected: its GDP rose by 5.4% annualized in the first quarter, as revealed this Wednesday by the National Bureau of Statistics (ONE). The data is above numerous forecasts, which anticipated an increase of 5.1%. The figure announced this Wednesday coincides with the expansion recorded in the last three months of 2024, …
China growth beats expectations, but tariffs dim outlook
China's first-quarter economic growth beat expectations, underpinned by solid consumption and industrial output even as policymakers brace for the impact of US tariffs that analysts say pose the biggest risk to the Asian powerhouse in decades.
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