China's Posts Solid Growth, But More Support Likely Needed To Meet 5% Target
Source: SeekingAlpha
2025-04-16 14:45:00 ET
Summary
- China's economy beat forecasts across the board in Q1, as policy support boosts GDP and domestic demand.
- Growth came in at a stronger-than-expected 5.4% year on year, beating our 5.3% forecast and market expectations for 5.2%.
- But tariff headwinds will likely necessitate more monetary and fiscal easing.
- We expect China to take additional measures to meet this year's "around 5%" growth target.
By Lynn Song
China's first-quarter GDP showed a strong start to the year
China's first-quarter growth registered a stronger-than-expected 5.4% year on year, beating our 5.3% forecast and market expectations for 5.2% growth. The economy is off to a much-needed strong start in 2025, as second-quarter growth will likely take hits from the sharp escalation of President Trump’s trade war....
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China's Posts Solid Growth, But More Support Likely Needed To Meet 5% Target
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