China is reporting positive growth momentum for the first two months of 2025 with GDP expected to grow about 5% this year.
Retail sales are up 4% and employment remains steady. The industrial and service sectors are among those that enjoyed significant increases. Officials hope to keep making gains introducing a series of measures aimed at stimulating demand and encouraging domestic spending.
Joining the discussion:
- Yan Liang is Chair Professor in Economics at Willamette University.
- Anthony Chan is the Former Chief Economist at JPMorgan Chase & Co.
- Gordon Houlden is a Former Canadian Diplomat and Professor and Director Emeritus of the China Institute at the University of Alberta.
- Qu Qiang is the Assistant Director of the International Monetary Institute at Renmin University of China.
China's industrial output, retail sales and fixed-asset investment beat expectations in January and February, signaling resilience, according to official data released Monday, March 17.https://t.co/0RMOUssa1p
— CGTN America (@cgtnamerica) March 17, 2025