China’s economy grew a robust 5.4 per cent in the first quarter of this year as producers frontloaded exports to beat higher tariffs imposed by US President Donald Trump, official data showed.
The GDP figures released by China’s National Bureau of Statistics on Wednesday are the first since Trump unleashed his trade war, threatening a decoupling between the world’s two largest economies.
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.
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