{"id":4222,"date":"2026-04-17T03:40:27","date_gmt":"2026-04-16T22:10:27","guid":{"rendered":"https:\/\/banitoday.com\/chinas-gdp-rises-5-in-q1-beating-forecasts-iran-war-impact-limited-so-far\/"},"modified":"2026-04-17T03:40:27","modified_gmt":"2026-04-16T22:10:27","slug":"chinas-gdp-rises-5-in-q1-beating-forecasts-iran-war-impact-limited-so-far","status":"publish","type":"post","link":"https:\/\/banitoday.com\/hi\/chinas-gdp-rises-5-in-q1-beating-forecasts-iran-war-impact-limited-so-far\/","title":{"rendered":"China&#8217;s GDP rises 5% in Q1 beating forecasts, Iran war impact limited so far"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-130308016,imgsize-498921,width-400,height-225,resizemode-4\/-.jpg\" alt=\"China's GDP rises 5% in Q1 beating forecasts, Iran war impact limited so far\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>China\u2019s economic growth rebounded more than expected in the first quarter of 2026, suggesting limited immediate spillovers from the Iran war while giving policymakers more room to delay additional stimulus.<span class=\"id-r-component br\" data-pos=\"2\"\/>Gross domestic product (GDP) in the world\u2019s second-largest economy expanded 5.0% year-on-year in January-March, the fastest pace in three quarters, according to data released by the National Bureau of Statistics (NBS) on Thursday, reported Bloomberg.<span class=\"id-r-component br\" data-pos=\"4\"\/>The reading was higher than the 4.8% median forecast of economists and above the 4.5% growth recorded in the previous quarter, pointing to resilience despite global disruptions.<span class=\"id-r-component br\" data-pos=\"8\"\/>China\u2019s economy \u201cachieved a strong start to the year, further demonstrating its resilience and vitality\u201d, the NBS said in a statement.<span class=\"id-r-component br\" data-pos=\"10\"\/>The data came even as a surge in global energy prices&#8211; triggered by the US-Israel war on Iran&#8211;disrupted shipping through the Strait of Hormuz, a critical route through which about a fifth of the world\u2019s oil and natural gas passes.<span class=\"id-r-component br\" data-pos=\"12\"\/>Analysts said China\u2019s diversified energy supply has helped shield it from immediate shocks, though a prolonged conflict could weaken global demand and hit exports, which have been supporting growth.<span class=\"id-r-component br\" data-pos=\"15\"\/>The International Monetary Fund recently cut its 2026 growth forecast for China to 4.4% from 4.5%, warning the global economy could be \u201cthrown off course\u201d by the Middle East conflict.<span class=\"id-r-component br\" data-pos=\"17\"\/>\u201cThe global economy is facing this next test of resilience as signs of unevenness lie beneath the surface,\u201d the IMF said, noting that China\u2019s domestic activity&#8211; especially in the housing sector&#8211;continues to lag behind exports.<span class=\"id-r-component br\" data-pos=\"19\"\/>Beijing has set a growth target of 4.5-5.0% for 2026, the lowest in decades, amid a prolonged property sector crisis and weak domestic consumption.<span class=\"id-r-component br\" data-pos=\"22\"\/>Outbound shipments have remained strong, reflected in a $1.2 trillion trade surplus last year, but recent data showed export growth slowed sharply in March, signalling early impact from the war.<span class=\"id-r-component br\" data-pos=\"24\"\/>Retail sales rose 1.7% year-on-year in March, falling short of expectations of 2.4%, while industrial production grew 5.7%, beating estimates but moderating from earlier months.<span class=\"id-r-component br\" data-pos=\"26\"\/>The first-quarter growth momentum was largely driven by exports, Zichun Huang of Capital Economics told news agency AFP.<span class=\"id-r-component br\" data-pos=\"29\"\/>\u201cWe think growth will soften a bit over the rest of the year,\u201d she said, adding that China is becoming increasingly dependent on external demand, a trend likely to be reinforced by the Iran war.<span class=\"id-r-component br\" data-pos=\"31\"\/> <span class=\"id-r-component br\" data-pos=\"33\"\/><\/p>\n<div class=\"wLCOS vdo_embedd\">\n<div class=\"ap_Bf\">\n<div class=\"ZM4zO\">\n<p><i class=\"bo2C4\"\/> <span>Watch<\/span><\/p>\n<p> <!-- -->&#8216;Don&#8217;t Meddle In Our Affairs&#8217;: China Aggressively Supports Iran After US Announces Hormuz Blockade<\/div>\n<\/div>\n<\/div>\n<p> <span class=\"id-r-component br\" data-pos=\"36\"\/>At the Canton Fair in Guangzhou, Chinese exporters and Middle Eastern buyers told AFP that the conflict has already dented orders and pushed up prices.<span class=\"id-r-component br\" data-pos=\"38\"\/>Wang Jun, deputy head of China\u2019s customs administration, acknowledged rising risks, citing \u201cmany uncertainties and instabilities in the external environment\u201d.<span class=\"id-r-component br\" data-pos=\"41\"\/>\u201cThe impact of international geopolitical conflicts on global industrial and supply chains is still evolving in a complex manner,\u201d he said.<span class=\"id-r-component br\" data-pos=\"43\"\/>While the latest data underscores near-term resilience, economists warned that escalating geopolitical tensions and weakening global demand could weigh on China\u2019s growth trajectory in the months ahead.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/international-business\/chinas-gdp-rises-5-in-q1-beating-forecasts-iran-war-impact-limited-so-far\/articleshow\/130307984.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China\u2019s economic growth rebounded more than expected in the first quarter of 2026, suggesting limited immediate spillovers from the Iran war while giving policymakers more room to delay additional stimulus.Gross domestic product (GDP) in the world\u2019s second-largest economy expanded 5.0% year-on-year in January-March, the fastest pace in three quarters, according to data released by the 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