China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect Donald Trump, who takes office next week.

China's economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although the threat of a new trade war with the United States and weak domestic demand could hurt confidence in a broader recovery this year.

China’s economy hit the government’s growth goal last year after an 11th hour stimulus blitz and export boom turbocharged activity, although looming US tariffs threaten to take away a key driver of expansion.

The fall came despite a slight rise in births last year, the first increase since 2016. State efforts to cajole women to have children have met resistance.

China’s population has fallen for the third straight year, pointing to further demographic challenges for the world’s second most populous nation that is now facing both an aging population and an emerging shortage of working age people able to support their elders.

The country’s population fell for a third straight year as deaths outpaced births.

Chinese Vice President Han Zheng attends a meeting with Britain's Chancellor of the Exchequer Rachel Reeves (not pictured) at the Great Hall of the People in Beijing, China January 11, 2025. REUTERS/Florence Lo/Pool/File Photo HONG KONG (Reuters) - China's Vice President Han Zheng will attend U.