As Chinese Vice Premier He Lifeng prepares for high-stakes trade talks with the U.S. this month, new data reveals how China’s economy is defying global pressures with surprising strength. 🌍💡
China’s GDP grew 5.3% year-on-year in early 2025 – smashing expectations despite ongoing tariff tensions. The secret? A domestic demand boom fueled by programs like consumer trade-ins and tech upgrades. Retail sales jumped 5% in six months, with trade-in initiatives alone generating $153 billion! 🛍️📈
While trade with some Western partners dipped, China’s global network expanded:
🇦🇪 Belt and Road partners: +4.7%
🇮🇩 ASEAN nations: +9.6%
🇪🇺 EU: +3.5%
🇳🇬 Africa: +14.4%
This diversification shields China from single-market risks. Even 82% of U.S. firms in China reported profits last year, per the U.S.-China Business Council. 💼✨
Analysts say China’s focus on high-tech manufacturing and open diplomacy creates a "stabilizing force" in shaky global markets. With Sweden talks ahead, the world watches how economic resilience could reshape international partnerships. 🌏🤝
