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China first quarter economy grows by 5.4% as trade war with Trump escalates
China's economy grew by 5.4% in the first quarter year-on-year as a tit-for-tat trade war with US President Donald Trump escalates China's economy grew by 5.4% year-on-year in the first three months of the 2025, according to data just released by the government.
China defies Donald Trump’s tariffs with strong first-quarter growth
The year-on-year expansion matched China’s growth rate in the fourth quarter and exceeded Beijing’s full-year target for 2025, as well as the 5.1 per cent forecast by analysts in a Reuters poll. The strong first-quarter growth came despite Trump’s first salvo of 20 per cent tariffs,
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China has reported its exports jumped 12.4% in March from a year earlier as companies rushed to beat increases in U.S.
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