China’s economy expanded faster than expected in April, driven by strong industrial production, but consumer spending slowed down, indicating challenges for the country despite easing trade tensions with the US. Industrial output rose 6.1% year-on-year, outperforming forecasts, while retail sales growth declined to 5.1% from March, falling short of economists’ expectations.
Source: https://www.bloomberg.com/news/articles/2025-05-19/china-s-factory-output-grows-more-than-forecast-despite-tariffs