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Famagusta Gazette

News From Cyprus

China’s GDP Grows 5.4% in Q1, Surpassing Expectations

ByFamagusta Gazette

Apr 16, 2025

FAMAGUSTA GAZETTE – China’s economy expanded by 5.4 percent in the first quarter, exceeding forecasts despite ongoing trade tensions with the United States, AFP reported.

The surge in growth has been linked to Chinese factories accelerating exports ahead of new U.S. tariff barriers set by President Donald Trump.

Chinese authorities have set an annual growth target of around 5 percent.

Analysts remain cautious about achieving that goal, citing challenges such as a struggling property sector, weakening domestic demand, and the economic impact of forthcoming U.S. tariffs.

Famagusta Gazette