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L'économie chinoise croît, le gouvernement dit que le commerce est ouvert

L'économie chinoise croît, le gouvernement dit que le commerce est ouvert

B1🇺🇸 English🇫🇷 Français

May 2nd, 2025

L'économie chinoise croît, le gouvernement dit que le commerce est ouvert

B1
Please note: This article has been simplified for language learning purposes. Some context and nuance from the original text may have been modified or removed.

🇫🇷 Français

L'économie
economy
chinoise
Chinese
a
has
augmenté
increased
de
of
5,4%
5.4
de
of
janvier
January
à
to
mars.
March
Vendre
to sell
beaucoup
a lot
à
to
d'autres
others
pays
country
a
has
aidé
helped
cette
this
croissance.
growth
Cela
That
s'est
happened
passé
the past
avant
before
que
that
les
the
États-Unis
United Sta...
n'augmentent
do not inc...
les
the
taxes
taxes
sur
on
les
the
produits
products
chinois.
Chinese
À
to, at, in
cause
cause
de
of
la
the
guerre
war
commerciale,
commercial
les
the
experts
experts
pensent
think
que
that
la
the
deuxième
second
plus
more
grande
large
économie
economy
du
of the

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🇺🇸 English

China's economy grew by 5.4% from January to March. Selling a lot to other countries helped this growth. This happened before the U.S. put higher taxes on things from China.

Because of the trade war, experts think the world's second biggest economy will slow down a lot. This is because the U.S. is putting high taxes on goods from China, up to 145%. China is also putting taxes on goods from the U.S., up to 125%. But China also says it wants to keep its markets open for trade with other countries.

This week, Chinese leader Xi Jinping is visiting several Asian countries. He is promoting free trade and presenting China as a source of stability and certainty during uncertain times.

Xi visited Vietnam, Malaysia, and Cambodia. The U.S. also said a high official, Sean O'Neill, would visit Hanoi and Ho Chi Minh City in Vietnam, Siem Reap in Cambodia, and Tokyo this week.

China is showing at different trade shows that it wants to trade more with countries other than the US. It wants to show its large market and strong manufacturing.

Exports helped China's economy grow by 5% last year. This year, the government wants it to grow by about 5% too.

A government spokesperson said that new taxes on goods from China will cause some problems for China's economy for a short time. But he also said these taxes will not stop the economy from growing in the future. He added that China now sells less than 15% of its goods to the United States, which is less than the 19% it sold five years ago.

China's economy is strong and can handle problems. We are sure we can deal with challenges from outside and reach our goals, Sheng said.

From January to March, the economy grew by 1.2%. This is slower than the 1.6% growth in the last three months of 2024.

China sold many more products to other countries in March than before, and this helped factories make a lot of things.

Stephen Innes said that this happened early. It was because businesses acted before US taxes went up. Also, importers bought many goods quickly so they would be ready.

Factories made 6.5% more products than last year. Making machines and tools went up by almost 11%.

Growth was strongest in new technologies like electric and hybrid cars. These cars increased a lot compared to the year before. Making 3D printers went up a lot, and industrial robots increased a lot.

The Chinese economy grew quite fast compared to other countries. But after the COVID-19 sickness, it has been slow to get strong again. This is because the housing market is not doing well, and more people have lost their jobs. Because of this, families are careful about spending money.

Prices for things people buy went down a little in the first three months. This means people are not buying as much as businesses are making. People also didn't spend much money on houses. They bought almost 10% less than last year. This happened even though the government tried to make it easier to borrow money for houses.

The problem with taxes is a big difficulty for China. At this time, China wants companies to invest and hire more people. It also wants Chinese shoppers to buy more things.

Experts in businesses and the government are still careful about what might happen because Trump keeps changing his ideas about the details of his trade war.

Because of what happened in the last two weeks, it is very hard to know how the US and China's taxes on each other might change, according to a report by Tao Wang and other experts.

Two big financial groups, the IMF and ADB, still think the economy will grow by about 4.6% this year.

When Trump became president, he first put a 10% tax on things from China. Later, he made the tax 20%. Now, China has to pay a 145% tax on many things it sells to the U.S.

UBS thinks that if the taxes stay about the same, China might sell a lot less to the United States. They also think China's total sales to other countries could go down by 10%. UBS changed their guess for how much China's economy will grow this year to 3.4% instead of 4%. They think growth will be slower, at 3%, in 2026.

In the last seven months, China has tried harder to get people to spend more money and companies to invest. They gave extra money to people who exchanged old cars and appliances for new ones. They also gave more money to industries that needed help, like building homes.

May 2nd, 2025

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