The Asian “dragon” can withstand (still). China’s Statistical Service announced Wednesday that the Asian Giant economy recorded 5.4% of GDP in the first quarter, a performance higher than the foreseen, In spite of the trade war by Donald Trump, and although consumption is characterized.

‘According to preliminary estimates’, Chinese GDP “The first quarter reached 31.87 trillion Juan”that is, ‘Increased by 5.4% at an annual rate at constant prices’said the Chinese Statistical Service.

However, in 2025, the economy is expected to grow at a sluggish rate of 4.5% annually, the Reuters poll showed analysts, slowing down 5.0 last year and remaining from its official target of 5.0%. Many analysts They reduced drastically their predictions for GDP this year.

On a quarterly basis, the economy developed by 1.2% in the first quarter, slowing down from 1.6% in October-December.

Retail sales, a key index of consumption, increased by 5.9% annually in March, after a rise of 4.0% in January-February, while factory production increased to 7.7% from 5.9% in the first two months. Both rates exceeded analysts’ predictions.

The rise of retail sales is due to the sales of household electronics and furniture, with the help of the government consumer goods trading system.

However, the recession of the real estate remained a hindrance to the overall development of China.

Property investments decreased by 9.9% annually in the first three months, expanding 9.8% in January-February.

The prospects are expected to be reduced as the shock of Washington duties affects the critical “engine” of exports, pushing for pressure on Chinese leaders as they try to maintain the world’s second largest economy in balance and prevent massive job losses.

It is noted that President Donald Trump has increased tariffs on Chinese products at striking levels, pushing Beijing to impose retaliation on US imports in an increasing trade war between the world’s two largest economies that markets are afraid of leading.