The Chinese economy saw green outbreaks in the first quarter, but the commercial war created a new wind against in April, FX analysts of Danske Bank report.
The recovery of China’s Q1 faces new winds against the commercial war
“However, we maintain our perspective of growth unchanged, since our medium -term stage for the commercial war remains the same, with a final result of 40% tariffs on Chinese products after a long and rugged path of commercial negotiations. The stimulus was promoted as expected to counteract the effect of tariffs. We continue to see a growth of 4.7% in 2025 and 4.8% in 2026.”
“In the coming months, we expect an increase in activity due to the anticipation of exports during the 90 -day commercial truce, but we see that the activity will moderate again after that. The housing sector and private consumption have improved, but there is a lot of work to do to strengthen both sectors. A growing number of technological milestones has increased confidence.”
“The rivalry between the US and China is destined to continue. The technological sanctions of the US from China in the Ukraine War. “
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
