HONG KONG — s focused on China raised their annual growth forecast for the country due to stronger first-quarter exports driven by accelerated orders, but the projection remains below the government target and could be severely affected by U.S. President Donald Trump’s heavier-than-expected tariffs.
A survey of 29 local s conducted by Nikkei and Nikkei Quick News in March revealed an estimate of 5.0% year-on-year growth for the Janu March period. This would be down from 5.4% in the previous quarter but above market expectations, after Trump imposed 20% additional tariffs on Chinese goods in the first quarter.
