China's economy grew more than expected in the first quarter despite trade tariff disputes, official data revealed on Wednesday.
Gross domestic product grew 5.4 percent year-on-year, the National Bureau of Statistics reported. This was better than economists' forecast of 5.1 percent and it was unchanged from the previous quarter. Quarter-on-quarter, the economy grew 1.2 percent in the first quarter but weaker than the expected growth of 1.4 percent.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.