China’s Economy Outpaces Expectations Despite US Trade War
Despite escalating trade tensions with the U.S., China’s first-quarter 2025 GDP grew by 5.4 percent, exceeding analyst predictions of 5.1 percent. This growth, attributed to the resilience of the Chinese economy, occurred before the latest round of increased U.S. tariffs. However, government officials acknowledge that the high U.S. tariffs, violating WTO regulations, will create economic pressure. While China has diversified trade partnerships and employed strategies to mitigate tariff impacts, experts warn of ongoing challenges such as weak domestic consumption.
John Q. Hosedrinker