Figures published on Monday showed that China’s economy met its official GDP growth target for 2025 of 5%. Economic growth was boosted by a record trade surplus, which reached almost $1.2trn despite the tariff war with America. China’s government is expected to approve a similar growth target for 2026 when its legislature meets in March. Still, some economists think the weaker nominal data is the more reliable guide to the true state of China’s economy. Some also think the awful investment figures have been distorted by past statistical shenanigans.
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Figures published on Monday showed that China’s economy met its official GDP growth target for 2025 of 5%. Economic growth was boosted by a record trade surplus, which reached almost $1.2trn despite the tariff war with America. China’s government is expected to approve a similar growth target for 2026 when its legislature meets in March. Still, some economists think the weaker nominal data is the more reliable guide to the true state of China’s economy. Some also think the awful investment figures have been distorted by past statistical shenanigans.