China: China’s economy has registered more growth than expected in the early months of 2026. According to official data, China’s GDP has grown by 5 percent between January and March as compared to last year.
According to the BBC report, economists had estimated the figure to be around 4.8 percent. This is the first time that China has released official GDP figures after reducing its annual economic growth target to 4.5 to 5 percent last month.
This sector contributes to China’s GDP growth
China’s GDP had registered an increase of 4.5 percent in the last quarter. This time there has been a surge in China’s GDP due to the manufacturing sector. On one hand, there is a decline in real estate investment in the economies of countries around the world, while on the other hand, in China, cars and other exports have played an important role in increasing the GDP growth.
In the future, China has promised to contribute to the investment sector in the economy by increasing innovation, high-tech industry and domestic spending. China is trying to reshape its economy. China believes that this is happening due to the crisis in real estate, decline in population and decline in consumption.
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Iran war deepens energy crisis in Beijing
Apart from this, China is also facing energy crisis. The reason for this is that there has been an atmosphere of war in the Middle East for more than a month continuously. Besides, the tariff policy of the Trump administration is also the reason for this. Besides, the pressure created in the global market has also affected China. China is currently facing 10% tariff.
China’s imports have also increased
The General Administration of Customs said in the data released on Tuesday that the growth in China’s exports declined sharply to 2.5%. This is the lowest level of export growth. There was an increase of more than 20 percent in the total exports of January-February as compared to last year. Apart from this, China’s imports have also increased by 28 percent.
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