REUTERS/Go NakamuraGantry cranes stand near shipping containers at Yangshan Port outside of Shanghai, China, Apr 15, 2025. A string of recent data has pointed to an uneven economic recovery, with bank lending beating expectations and factory activity picking up speed. While several other countries have been swept up in US tariffs, Trump has targeted China for the biggest levies. On a quarterly basis, the economy expanded 1.2% in the first quarter, slowing from 1.6% in October-December. In March, China unveiled fiscal measures, including a rise in its annual budget deficit.
