China's growth beats expectations, but tariffs loom large. Live from the BBC World Service,

this is the Marketplace Morning Report. I'm Luke Wilson, in for Leanna Burm. Good morning.

China's National Bureau of Statistics says its economy grew by 5.4% in the first three months of this year,

beating estimates. But analysts say the economy

will slow down in the second quarter as the effects of President Trump's 145% tariffs on

Chinese goods are felt. The Bureau's deputy commissioner, Sheng Leone, warned about the impact

this morning, but says China can deal with them.

In the short term, the imposition of high tariffs by the United States will put certain pressures

on our country's foreign trade and economy, but it will not change the general trend

that China's economy will continue to improve in the long run.

China's economy has a stable foundation, strong resilience and great potential.

We have the strength, capability and confidence to face external challenges and achieve our

set development goals.

Our business correspondent in Singapore, Katie Silver, joins me now. Hi, Katie.

Hi, Luke. So talk us through these figures. What did we learn about the Chinese economy from this data?

Well, according to the official data, they say that the economy grew 5.4% in the first three months of this year.

And that beat expectations quite significantly. It was only expected to grow about 5.1% in the first three months of this year, and that beat expectations quite significantly.

It was only expected to grow about 5.1%. And it's certainly in line with Beijing's target for

around 5% growth this year. And there's certainly been a lot of questions about whether or not

they would be able to meet that target, given global headwinds. Now, we do need to remember that,

of course, these statistics come from Beijing.

Many analysts and economists don't always come to the same numbers. But what we do think seems to be

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