Chinese industrial profits decrease 0.3% at the beginning of the year because the tariff risks weave weave
Yichun, Kina-06 February: Mechanical weapons operates on the production line of electronic products for newly energy vehicles in an intelligent workshop at a factory in the high-tech industrial park 6 February 2025. In Fengcheng, Province of the Jiangxi Cinema.
Zhu Haipeng | Visual China Group | Getty Images
Chinese industrial earnings dropped 0.3% compared to one year in the first two months of 2025, Official data showed on ThursdayHow the economy faces enhanced global trade tensions.
Profit in industrial companies rejected three consecutive yearsStrengthening calls for creators policy to reinforce support for the decay of economics.
US President Donald Trump has imposed 20% of additional tariffs on Chinese goods in just over two months in power. Announced on Wednesday night on the state Auto tariff of 25% The cars “not made in the US”, starting on April 2.
Beijing has set up an ambitious goal of “about 5%” for this year, which analysts will say that analysts say they will require stronger stimuli measures to compensate for impact with higher US tariffs.
In the second half of last year, the Chinese Creators of Politics performed multiple circles of stimuli measures, including expanding a wide consumption trade program to increase the demand that helped the country to fulfill the official goal of growth of 5%.
Export, which contributed nearly 20% of Chinese GDP last year, Lost some momentum Earlier this year, as exporters of anterior loading to advance the new tariffs under Trump’s other Presidency, they showed signs of narrowing.
Consumer Price Index in February fell on a negative territory For the first time since the beginning of last year, because households have remained cautious in the midst of a longer real estate fall.
The unemployment rate throughout the country was the highest in two years at 5.4% last month, while the urban unemployment rate for 16 to 24-year-olds, excluding students, rose a four -month maximum of 16.9%.
In the meantime, some Wall Street banks have become more exciting this year on the outcomes of the country, citing green shooting in the economy.
Over the past month, economists on HSBC, Anz -ui Citi have raised projections for Chinese GDP Growth this year at 4.8%, 4.8% and 4.7%, of its previous forecasts of 4.5%, 4.3%and 4.2%.
Morgan Stanley also increased its forecast to 4.5% this year with 4.0% on strong activity data at the beginning of the year.
Retail sale, consumption meter, increased 4% in the January-Grea From a year ago, the faster pace of December, while the investments in fixed property and industrial production became more than expected.
