China’s Economy Revs Up Despite War
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China’s economic recovery faced a uneven trajectory in March as industrial production topped forecasts with a 5.7% gain, even as retail sales growth cooled to a disappointing 1.7%, while the urban jobless rate unexpectedly rose to 5.
A steep slide in housing prices has left consumers less prosperous and less willing to spend, but the government is pouring money into new rail lines and other projects.
China is now on track to become the world’s top tourism economy in the next few years as a sharp drop in foreign visits sets the US back.
Statistics show that China recycled about 380 million tonnes of renewable resources in 2025. Effective recycling and utilization of renewable resources are injecting new momentum into green, low-carbon development and supporting sustainable economic and social development.
The big risk for Beijing is that the Iran war drags down global demand for the exports that are driving China's economic growth.
President Trump claims China will not arm Iran as the U.S. blockade on Iranian ports is fully implemented. Ceasefire negotiations continue amid rising tensions.
The friction between the U.S. and China over disruption in energy shipments the war with Iran has caused remains a major issue.