C
Originally published by Capital Business
📰 Read Full Article
business
April 16, 2026
2h ago

China’s economy grows faster than expected despite Iran war

China’s economy grows faster than expected despite Iran war

Gross domestic product (GDP) rose by 5% in the period, compared to a year earlier, according to official data. Economists had expected the figure to come it at around 4.8%. Kenya breaking news | Kenya news today |..

✨ Key Highlights

China's economy has demonstrated stronger-than-expected growth of 5% in the first quarter, defying global economic disruptions, including the conflict involving Iran.

  • Gross domestic product (GDP) rose by 5%, surpassing economists' expectation of 4.8%.
  • This growth was achieved despite impacts from the conflict, which began on February 28, affecting global energy supplies.
  • Cars and other exports emerged as a "major bright spot," according to Kyle Chan, an analyst from the Brookings Institution, though future impacts remain uncertain.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article
Advertisement
Advertisement