China's Q4 GDP grows 4.5% y/y, just ahead of market forecast
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China's economy grew 4.5% in Q4 2025, slightly above the 4.4% forecast, aligning with the government's annual target of 5%. This growth marks the slowest pace in three years, attributed to weakened consumption and investment. On a quarterly basis, GDP rose 1.2%, surpassing the expected 1.0%. Despite a record trade surplus, domestic demand has weakened due to low confidence amid a prolonged property crisis.
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