Amid a sluggish economy and Trump’s punitive tariffs, the Chinese government has intensified its own efforts to counter looming disruption
GDP growth rate of China is 5.4% in 1st quarter of 2025:
Real GDP growth rates of G7 in 2024 (China's is 4.8%):
- UK 0.9%
- Canada 1.3%
- USA 2.8%
- Japan -0.2%
- France 1.1%
- Germany -0.2%
By their own metrics they lie.
If one understands the limits of GDP (stock asset inflation or cost of living inflation in the G7 for examples that add to their GDP; think how much productive capacity China has compared to the whole of G7 but their nominal GDP is less than the G7, and yes I am comparing one socialist country under siege against the bulk of the imperial block) and/or even just taking PPP into account the lead is signficantly more.
If someone has the first quarter GDP growth rates for the G7 in 2025 it will be an even more interesting comparison.
From what I understand the export market to US makes 3-5% of China's total GDP; it would be the icing on the cake if the CPC is able to flatten or even reverse that dip so quickly by the next quarter.