China’s first-quarter GDP grows 5%, driven by industrial output
Exports and fiscal stimulus offset a still weak domestic economy
Exports and fiscal stimulus offset a still weak domestic economy

Target given at annual meeting of parliament as China prepares to release new five-year plan

Beijing faces calls to increase stimulus and support lagging demand in world’s second-biggest economy

Industrial production and retail sales expand by slowest pace this year as policymakers battle threat of deflation

Beijing’s export offensive could be more destabilising than Trump’s tariffs

Steep fall in November nearly wipes out profit growth in 2025 as Beijing steps up pressure on over-investment

A permanent cut in the payroll tax could benefit workers and the world