China hits 2025 GDP target – but quarterly growth drops to 3-year low

China has confirmed that it achieved its annual growth target last year as the economy weathered an unprecedented trade war with the United States, but growth slowed to a three-year low in the final quarter, dragged down by a series of domestic headwinds. The country’s gross domestic product (GDP) rose 5 per cent from a year earlier in 2025, in line with the government target of “around 5 per cent”, according to data released by the National Bureau of Statistics on Monday. The impressive growth...