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China's economy meets official growth target
China's economy meets official growth target, but many feel worse off
China's economy grew 5% last year, matching the government's target, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its industrial and export gains to consumers.
China: China's GDP expands 5 pct in 2024, meeting annual target
According to preliminary estimates, the gross domestic product of China was 134 trillion yuan in 2024, approximately 18 trillion U.S. dollars, which is an increase of 5 percent over the previous year,
China’s Economic Growth Hits Target Amid Rising Challenges
Chinas economy grew 5% in 2024, meeting its target, but concerns over imbalanced growth persist. Industrial gains overshadowed consumer spending, with many citizens reporting declining living standards.
Trump considers 10% tariff on China
Trump considers 10% tariff on China from February
US President Donald Trump has said he is considering imposing a 10% tariff on imports of Chinese-made goods as soon as 1 February. Trump said discussions with his administration were "based on the fact that they're sending fentanyl to Mexico and Canada".
China stocks and renminbi hit by Trump’s 10% tariff threat
Your guide to what the 2024 US election means for Washington and the world The renminbi weakened and Chinese stocks fell after US President Donald Trump said he could impose a 10 per cent tariff against China from next month.
Trump threatens EU tariffs, warns of Feb 1 China deadline
U.S. President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the U.
1h
on MSN
Q&A: 'Vast, Deep Impact' if China Invades Taiwan, Says Author Kerry Brown
Brown highlights the global risk at the heart of the China-Taiwan conflict and asserts U.S. efforts of strategic ambiguity ...
4h
China orders pay cap at state-owned financial firms, sources say
China is set to impose a 1 million yuan ($137,309) cap on the annual income of staff at central government-owned financial ...
2h
on MSN
China and US partners are moving closer as Trump returns to the White House
China's relations are starting to improve with Japan, India and other countries that former U.S. President Joe Biden courted, ...
4d
China's Economy Faces Historic Setback Not Seen in Over Half a Century
Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.
5d
China Says Economy Grew 5% Last Year, Driven by Exports
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports ...
5d
on MSN
China’s economy grows more than expected. But fears of Trump tariffs loom
China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the ...
10h
Trump Says New Duties on China Could Take Effect Feb. 1
President Donald Trump is fanning the flames of a trade war with China by renewing campaign threats to up duties on products ...
5d
on MSN
China hit its economic goals in 2024 despite a consumer spending problem
In a news release on Friday morning, China's National Bureau of Statistics reported its economy grew 5% in 2024 from a year ...
8h
China’s luxury sales see biggest drop in decade amid economic slowdown
Luxury giants like LVMH and Kering have shed hundreds of billions of dollars in their market value. Read more at straitstimes ...
East Asia Forum
1d
Green growth, high-tech gains and hard truths for China’s economy
China has seen a year of green triumphs and high-tech gains, but how its economy navigates real estate woes, cautious ...
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