While the #Tariffs situation has been ongoing, some may be wondering how #China's economy has been handling the uncertainty. 🇨🇳
Well, according to the latest numbers, China's economy has been showing strong signs of resilience.
While last month was the only time period where the effects of the tariffs could be observed in economic data, here are some numbers:
1⃣ China's industrial output has grown by 6.1% in April in comparison to a year earlier.
2⃣ Retail sales has also risen by 5.1% in April.
3⃣ During the 3-day #ChingMing Festival holidays, the amount of domestic travellers nationwide and domestic tourism revenue were 6.3% and 6.7% higher than the same period in 2024.
We'll be keeping a strong lookout for more data in the months to come, especially after the 90-day reprieve in the US <> China Tariffs.
Read this link for more: https://t.co/WU6NAFQZ2o
#TrumpTariffs #unitedstates #chinaeconomy #globalmarkets #globaleconomy #Economy #SCMP