China's GDP growth defies expectations, tariff risks loom

China's GDP growth defies expectations, tariff risks loom
China’s economy kicked off 2025 with a strong performance, growing faster than expected in the first quarter. Strong retail sales and industrial output helped sustain growth, even as challenges loom. The retail sector saw an uptick, with consumers investing in home electronics and furniture. Factory production also picked up pace, signaling a positive start. However, the property market remains a concern, continuing to drag down overall economic progress.