GDP Domestic Product (GDP) China 5.4% of the first quarter of the year -one year, Winning expectations 5.1%of researchers indicate strong speed in one and a half years. However, economic perspectives are uncertain Growing pressures of Trump’s charges.
“With continuous implementation and efficiency of many macro economic policies, The national economy has a standard start It is a good start of the year, ”said the National Office of China’s Statistics (one).
However, the company also highlighted the upcoming challenges: “The current external environment has changed more and more Complex and challengingThere is insufficient stimulation for effective domestic needs. The foundations of the redemption and Continuous economic progress“.
China is running its economic growth
Beijing has announced new support measures to support the economy at a time Business tensions with America. At its annual government meeting in January, China was a determined 5% for economic growth for 2025. Tank Growth in the first quarter It suggests that these measures may begin to come into effect.
Other important economic indicators also exceeded values in March 145% of the payment trump stuffing For products from China. Industrial Production is 7.7% Year -One -Year Increased 5.9%stimulating forecast- and the speed of speeds of June 2021 marked. On the other hand, retail sales have increased by 5.9%, which represented, more than 4.3%planned by economists A higher increase since December 2023.
Retail sales are considered the main indicator of China’s economic path. The country continues to handle Atoni of domestic needs Real estate market problems and continuous effects of infection. In response, China launched its inflation aim by 3% to 2% by 2024 Government grants And attempts to increase home income in an attempt Promote consumer spending.
In addition, the Investment in China’s standard assets Includes fields such as real estate, infrastructure and production- increased by 4.2% in the first three months. However, the Real estate investment 9.9%has fallen, which is underlined Domestic market. The unemployment rate was 5.2% in March, at 5.4% of the previous month.
Chinese bags are stagnant and Yuan is flattened against dollar
Despite the release of solid economic data, Chinese variable income reference codes were downward in the middle of A. Climbing of the trade war between the US and China. At 5:21 at the Hang Cheng Index 2.6% have fallenChina’s A50 code 0.74%, and the Continental Shanghai compound code fell 0.92%.
“As for China’s data, they were obviously very good. But, as in all this time, the data was not taken into account. They gather a Pre -period of use of fees There will already be a recession, ”he said in an email Kyl rodaCapital Market Analyst.
Chinese Yuan does not differ against the US dollar, and USD/CNH torque rose 0.02% to 7.33Near its highest level since 2007. Yuan fell to the minimum Historical earlier this month, and its exchange rate against the dollar exceeded 7.4 on April 9, in the midst of intensifying business tensions America.
