China's economic growth accelerates to 5.0% in Q1; fastest annual pace since mid-2025
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China's economy grew by 5.0% in Q1 2026, surpassing expectations and marking the fastest annual pace in three quarters. The growth was achieved despite disruptions caused by the war in Iran.
China's economy expanded by 5.0% year-on-year in Q1 2026, beating the 4.8% consensus and accelerating from 4.5% in the prior quarter. This marks the fastest annual pace in three quarters, despite early disruptions from the war in Iran. The growth indicates a strong recovery in China's economy. The data suggests that China's economy is resilient to external shocks.
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