China's Q4 GDP Growth Shows Resilience Amid Tariff Concerns
'Recovery Still Fragile' - Chinese Bond Yields Hit Record Lows Despite Surprise GDP 'Beat' 🔗
China's economic recovery shows signs of strength, with Q4 GDP growth rising to 5.4% year-on-year and industrial production exceeding expectations. Exports have been a significant contributor to this growth, though concerns about potential US tariffs loom large. Retail sales also improved, particularly due to online shopping. However, fixed asset investment remains weak, and disparities in the property market persist. Despite positive indicators, Chinese bond yields have reached record lows, suggesting uncertainty about future growth and the impact of US tariffs. Analysts warn that without stronger fiscal measures in 2025, the fragile recovery could be jeopardized.
What factors contributed to the growth in China's Q4 GDP?
Stronger exports, policy easing, and a rebound in retail sales, especially online, were key contributors to the growth.
Why are Chinese bond yields at record lows despite positive economic data?
The low bond yields indicate market concerns about the potential impact of US tariffs and the fragile state of the economic recovery, despite recent positive indicators.
What is expected for China's GDP growth in 2025?
Analysts predict a slowdown in GDP growth to 4.5% year-on-year in 2025, influenced by likely higher US tariffs and ongoing challenges in the property market.