Economic calendar in Asia Wednesday, April 16, 2025 – Chinese Q1 GDP & March economic data

Q1 2025 economic growth data from China is expected to have slowed from Q4 2024. As the trade war bits it’ll probably slow even further. UBS have a dour outlook:

• UBS has cut its China GDP growth forecast to 3.4% for 2025

The headline March data is expected to be stable apart from a small tick up for retail sales. Yesterday we had March trade data.

• China March dollar-denominated exports +12.4% y/y

I took the improvement in exports as indicative of ‘front loading’ ahead of higher tariffs. A hiccup in my narrative is that exports to the US were not overly strong.

This snapshot from the ForexLive economic data calendar, access it here.

The times in the left-most column are GMT.

The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.

This article was written by Eamonn Sheridan at www.forexlive.com.