China's leaders are bracing for potential shocks to the economy from higher tariffs once U.S. President-elect Donald Trump ...
The measures follow a series of fiscal and monetary policy announcements made since September to consolidate economic growth around 5% in 2024 and 2025 and soften the blow from an expected increase in ...
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year ...
The mainstay of Xi’s address concerned the economic success of China. He stressed that the Chinese economy is thriving, and ...
While the World Bank revised its forecast for 2024 growth to 4.9% from 4.8%, analysts at research firm Rhodium Group wrote this week that expansion has likely been much lower for the year, putting the ...
This year will serve as a critical proving ground for the long-awaited stimulus measures unveiled by Beijing in recent months ...
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.
That's the estimated destruction of household wealth in China caused by the country's property meltdown since 2021. That eclipses the losses suffered by Americans in the financial crash of 2008-09. Di ...
An economic downturn is supposed to drive spending on small luxuries like going out to the movies. But the world’s second-largest economy, currently mired in a slump, is challenging that long-held ...