China's Q1 2025 GDP registered outstanding growth at 5.4% year-on-year, better than expected, in tandem with that of the previous quarter. Strong growth in domestic demand and industrial output before the anticipated boost from an upward adjustment of US tariffs drove growth.
Manufacturing picked up strongly, rising 6.5% in Q1 2025 from 5.7% last quarter. Even more importantly, March 2025 recorded an even higher rise in manufacturing production with 7.7% year-on-year. This rise indicates that exporters' producers were stepping up production before new US tariffs.
Retail sales also showed robust growth, increasing by 4.6% year-on-year in Q1 2025. March alone saw growth of 5.9%, which was even higher than January and February combined at 4.0%. Growth carried over into a string of categories, from grain to oil, foodstuffs, home appliances, and personal care, with online also contributing with a 7.9% year-on-year growth in Q1.


Holiday Economic Questions: What Bank of America Says You Should Expect
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies
Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook
Silver Spikes to $62.89 on Fed Cut – But Weekly Bearish Divergence Flashes Caution: Don’t Chase, Wait for the Dip
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K
ETH Whales on Rampage: BitMine Snags 138K ETH as $3,000 Holds Firm – Bulls Gear Up for $4,000 Moonshot 



