US EditionChina’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.
244 Articles
244 Articles
China reports 5.4% GDP growth in 1st quarter, but analysts say tariffs will bite soon
Economic activity in China surged in the first quarter of the year, beating expectations ahead of steep new tariffs telegraphed by the Trump administration.Gross domestic product grew 5.4% in the period from January to March, compared to the same period last year, official data showed. A Reuters poll had growth expected at 5.1%.The growth in the first three months was driven in part by strong industrial activity and exports. The government said …
Xi to Southeast Asian partners: resist “excessive tariffs with inclusiveness”
Beating forecasts, bracing for a fall: China’s economy surges
China’s economy grew faster than expected in the first quarter, expanding at an annual rate of 5.4% — 0.3 percentage points above forecasts—driven by strong consumer spending and industrial output. That surge was likely fueled by consumers and businesses rushing to make purchases ahead of Donald Trump’s steep new tariffs.Analysts warn the momentum may not last. Trump has recently raised US tariffs on China to a staggering 145%, prompting Beijing…
The Chinese economy has developed well in the first quarter. With 5.4 percent growth, it exceeded expectations, but this is likely to be largely due to advanced exports in anticipation of US tariffs
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