Industrial output expanded 7.7% in March from a year ago, the fastest growth since June 2021. Retail sales increased 5.9%, the best pace since December 2023 and much stronger than the 4.3% gain expected by economists.
China’s economy expanded at a faster pace than expected in the first three months of 2025, though its outlook is deteriorating rapidly due to Donald Trump’s massive tariffs.
China’s gross domestic product grew 5.4% in the first quarter from a year ago, according to data released by the National Bureau of Statistics (NBS) on April 16. That’s better than the 5.2% consensus estimate by economists polled by Bloomberg.
