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131 new news items in the last 24 hours
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China's economy grew by 5% in the first quarter, exceeding expectations, but the war in Iran could affect long-term demand

Lara Maior
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16 April 2026, 05:54
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China's economy recorded a 5% expansion in the first quarter of this year, according to government data, exceeding economists' expectations and improving on the 4.5% result from the previous quarter. Although the war in Iran, now in its seventh week, has led to rising energy prices and higher inflation, economists estimate that China will be able to cope with the short-term impact. However, in the long term, global demand for Chinese exports could suffer. The International Monetary Fund has revised China's economic growth forecast to 4.4% for 2026. Although China managed to achieve a growth of about 5% last year, a declining real estate sector has affected consumer confidence. The war in Iran could reduce global growth, affecting the ability of other economies to absorb Chinese exports. Although it is estimated that China can achieve the growth target of 4.5% - 5% through policy incentives, there are concerns regarding dependence on exports and deflationary pressure.

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NBC News
China's economy grows at 5% in first quarter, shrugging off initial impact of Iran war
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independent.co.uk
China's economy grows at 5% in first quarter, shrugging off initial impact of Iran war

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NEWS ON THE SAME TOPICS

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International
Inflation in the USA rose by 3.8% in April, the fastest pace since May 2023, influenced by the conflict in Iran.
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Washington Post: The war in Iran severely affects the economies of the Gulf monarchies, putting the stability of the oil sector and the appeal for investors in question.
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The World Bank has lowered its global economic growth forecast for 2026 to 2.5% due to the war in the Middle East.
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The IMF has revised its forecasts for economic growth in the euro area this year to 0.9%, due to the war.
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The war with Iran will transform global energy markets, warn executives from the oil and gas industry.
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Oil exceeds 90 dollars per barrel due to the conflict between the USA and Iran. Analysts predict further increases in price.
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China Economy accelerate Iran war

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