China's economy expanded at a 5% annual pace in 2025, meeting the government's target on the back of strong exports despite U.S. President Donald Trump's tariffs.

However, gross domestic product (GDP) growth slowed to a 4.5% rate in the last quarter of the year, the government said Monday.

That was the slowest quarterly growth since late 2022, when China was beginning to loosen stringent COVID-19 pandemic restrictions. The economy, the world’s second largest, grew at a 4.8% annual pace in the previous quarter.

China’s leaders have been trying to spur faster growth. Since its property sector crash in 2021, Beijing has guided resources toward the industrial complex rather than consumers

πŸ“°

Continue Reading on Daily Sabah

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article β†’