China’s Economy Beats Expectations with 5% Q1 Growth Despite Iran War Turmoil

52 articles · Updated · CNBC · Apr 20

China’s economy grew by 5% year-on-year in the first quarter of 2026, surpassing expectations despite the onset of the Iran war.
Growth was driven by robust exports and industrial output, offsetting weak domestic consumption and a continued property sector slump.
Analysts warn that ongoing Middle East conflict and rising energy prices could weigh on future growth and global demand for Chinese exports.

The Iran war threatens global energy prices. How will this external shock impact China's fragile domestic economy?

China's growth relies on exports, but global demand is weak. Can its economy survive if its own people won't spend?

Despite government stimulus, Chinese consumers are saving, not spending. What will it take to finally restore their confidence?

With private investment falling while state spending soars, is China's private sector being permanently sidelined?

As China exports its high-tech overcapacity, is a 'China Shock 2.0' leading to a new global trade war?