{"id":283078,"date":"2025-04-16T04:34:15","date_gmt":"2025-04-16T04:34:15","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/16\/chinese-economy-grew-5-4-in-first-quarter-amid-new-us-tariffs\/"},"modified":"2025-04-16T04:34:16","modified_gmt":"2025-04-16T04:34:16","slug":"chinese-economy-grew-5-4-in-first-quarter-amid-new-us-tariffs","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/16\/chinese-economy-grew-5-4-in-first-quarter-amid-new-us-tariffs\/","title":{"rendered":"Chinese Economy Grew 5.4% In First Quarter Amid New US Tariffs"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/c.ndtvimg.com\/2023-07\/jesqnps8_china-generic_625x300_04_July_23.jpg?im=FeatureCrop%2Calgorithm%3Ddnn%2Cwidth%3D1200%2Cheight%3D738&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Chinese Economy Grew 5.4% In First Quarter Amid New US Tariffs\" title=\"Chinese Economy Grew 5.4% In First Quarter Amid New US Tariffs\" \/><\/div>\n<div id=\"ignorediv\">\n                                        <!-- Story Text --><br \/>\n                                                                                <b class=\"place_cont\">Beijing, China: <\/b><\/p>\n<p>China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing new US tariffs.<\/p>\n<p>Beijing and Washington are locked in a fast-moving, high-stakes game of brinkmanship since US President Donald Trump launched a global tariff assault that has particularly targeted Chinese imports.<\/p>\n<p><!--MIDTABOOLA--><\/p>\n<p>Tit-for-tat exchanges have seen US levies imposed on China rise to 145 percent, and Beijing setting a retaliatory 125 percent toll on US imports.<\/p>\n<p>Official data Wednesday offered a first glimpse into how those trade war fears are affecting the Asian giant&#8217;s fragile recovery, which was already feeling the pressure of persistently low consumption and a property market debt crisis.<\/p>\n<p>Beijing&#8217;s National Bureau of Statistics (NBS) said that &#8220;according to preliminary estimates, the gross domestic product in the first quarter&#8230; (was) up by 5.4 percent year on year at constant prices&#8221;.<\/p>\n<p>That was above the 5.1 percent predicted by analysts polled by AFP ahead of the data release.<\/p>\n<p>Industrial output also soared 6.5 percent in the first quarter of the year, up from 5.7 percent in the final three months of 2024.<\/p>\n<p><!--#VuukleAD--><\/p>\n<p>And retail sales, a key gauge of consumer demand, climbed 4.6 percent year-on-year, the NBS said.<\/p>\n<p>But Beijing warned the global economic environment was becoming more &#8220;complex and severe&#8221; and that more was needed to boost growth and consumption.<\/p>\n<p>&#8220;The foundation for sustained economic recovery and growth is yet to be consolidated,&#8221; the NBS said, adding there was a need for &#8220;more proactive and effective macro policies&#8221;.\u00a0<\/p>\n<p><i>(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)<\/i><\/p>\n<p>                                                                                <!-- Featured Video --><br \/>\n                                                                                                                        <!-- Recommended Widget -->\n                                                                                                                    <\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.ndtv.com\/world-news\/chinese-economy-grew-5-4-in-first-quarter-beating-forecasts-8175242#publisher=newsstand\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beijing, China: China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing new US tariffs. Beijing and Washington are locked in a fast-moving, high-stakes game of brinkmanship since US President Donald Trump launched a global tariff assault [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":283079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/c.ndtvimg.com\/2023-07\/jesqnps8_china-generic_625x300_04_July_23.jpg?im=FeatureCrop,algorithm=dnn,width=1200,height=738","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[3394,32132,1933,23594,7871,18165],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/283078"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=283078"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/283078\/revisions"}],"predecessor-version":[{"id":283080,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/283078\/revisions\/283080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/283079"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=283078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=283078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=283078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}