China outperforms economic growth forecasts, but prepares for ‘tariff shock’ USA

Економіка Китаю

Photo: shutterstock.com China’s economy grew by 5.4% in the first quarter of 2025, exceeding analysts’ expectations (5.1%), according to data released on Wednesday. This happened amid stronger consumer demand and robust industrial production, supported by government stimulus, Reuters reports. However, there are bleak prospects ahead. US President Donald Trump has sharply increased duties on Chinese […]