The Chinese economy grows by 5.4 % in the first quarter

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Official data showed that the Chinese economy had expanded by 5.4 percent in the first quarter of this year, as export software to reach the higher definitions imposed by US President Donald Trump.

GDP numbers are the first in China since Trump released him Trade warWhich threatens to pay a full chapter between the two largest economies in the world at a time when Chinese families are already fighting to recover from the slowdown of deep property.

The growth was in line with the growth rate in China in the fourth quarter and Beijing’s entire year has exceeded The target of 2025 and 5.1 percent expectations by analysts in a Reuters poll.

Beijing set a target of 5 percent of the growth of this year, and this has supported with pledges to increase stimulus measures, which set a record goal in the budget deficit of the central government.

But economists in the private sector reduce their expectations for economic growth in the aftermath of Trump’s trade war, as Morgan Stanley reduced his appreciation for the growth of GDP in China from 4.5 percent to 4.2 percent for this year.

The US President imposed an additional tariff with a total of 145 percent on Chinese goods, although he gave what he said. Temporary exemptions For some goods such as smartphones and electronics.

UBS estimated that just less than 60 percent of American imports from China are subject to a maximum of 145 percent of the tariff, with a tariff facing the rest from 20 to 45 percent last week.

China has He responded with revenge definitions From 125 percent, the way to separate a solid between the world’s largest economists.