Mon May 19 09:13:51 UTC 2025: Here’s a summary and news article based on the provided text:

**Summary:**

Despite a slowdown in industrial output and retail sales growth in April, China’s economy is showing resilience amidst trade tensions with the US. While figures were down compared to March, some exceeded analyst expectations, and unemployment saw a slight decrease. This data suggests the Chinese economy may be holding up better than anticipated in the face of US tariffs. Recent tariff reductions agreed upon between the US and China for a 90-day period may further contribute to this resilience, though the long-term impact of remaining tariffs remains a concern.
The Chinese government believes that their own economical policies is a contributng factor to the resilience of the economy, despite “increasing impact of external shocks”

**News Article:**

**China’s Economy Shows Resilience Despite Trade Tensions, Data Suggests**

**Beijing, China** – New economic data released Monday indicates that China’s economy may be withstanding the impact of US tariffs better than initially feared, despite a slowdown in certain sectors.

According to the National Bureau of Statistics, industrial output grew by 6.1% year-on-year in April, a decrease from March’s 7.7% but still surpassing analysts’ expectations. Retail sales growth also slowed to 5.1%, falling short of forecasts. Fixed-asset investment rose 4%, and unemployment saw a slight dip to 5.1%.

These figures come after China and the US recently agreed to temporarily reduce tariffs on each other’s goods. The US lowered its tariff rate on Chinese goods from 145 percent to 30 percent, while China slashed its rate from 125 percent to 10 percent.

“The risk is that tariffs remain in place for a long time, and eventually, we see production offshored,” stated Lynn Song, chief economist for Greater China at ING. “But amid tariff unpredictability, not just for China but across the world, few companies will be rushing to commit resources to set up offshore manufacturing facilities. This could mean that a decent portion of China’s manufacturing and exports will be less impacted than originally feared.”

While the National Bureau of Statistics acknowledged “unstable and uncertain factors in [the] external environment,” they also maintained that the economy is demonstrating “new and positive development momentum” thanks to Beijing’s economic policies.

The data bolsters hopes that China’s economy remains resilient, building on a better-than-expected 5.4% GDP expansion in the first quarter. However, the agency cautioned that the foundation for sustained economic recovery needs further consolidation.

The long-term effects of the trade tensions remain to be seen, but these latest figures offer a cautiously optimistic outlook for the Chinese economy.

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