China’s economic growth has surpassed forecasts for the first half of the year, despite ongoing concerns about the impact of rising US tariffs on its manufacturing sector. Key indicators show resilience in Chinese consumption, investment, and industrial production, suggesting a pro-growth pivot by Beijing since September is paying off.
However, challenges persist, including pressure on the property market and rising unemployment rates. These vulnerabilities could be exposed if additional tariffs from the US further disrupt China’s economy. The mixed signals highlight the need for continued stimulus to support growth.
Source: https://www.bloomberg.com/news/articles/2025-03-17/china-consumption-picks-up-in-relief-for-economy-hit-by-tariffs