China's economy grows 5% in 2025, buoyed by strong exports despite Trump's tariffs [Yahoo! Finance Canada]
BNP PARIBAS SPONS ADR (BNPQY)
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Source: Yahoo! Finance Canada
However, 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, during the COVID-19 pandemic. 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 after a slump in the property market and disruptions from the pandemic rippled through the economy. As expected, annual growth last year was in line with the government's official target for an expansion of “about 5%.” Strong exports helped to compensate for weak consumer spending and business investment, contributing to a record trade surplus of $1.2 trillion. “The key question is how long this engine of growth can remain the primary driver,” Lynn Song, chief economist for Greater China at Dutch bank ING wrote in a recent note. Chinese exports to the U.S. suffered after President Donald Trump returned to office early last year and began raising ta
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