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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.
China, Trump and tariffs
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 made by the sourcing superpower. In a statement to reporters at the White House on Tuesday evening, Trump said his administration was considering levying 10-percent tariffs on China starting next month.
Trump threatens China: More tariffs are coming on Feb. 1
President Donald Trump on Tuesday warned that even more tariffs could be coming as soon as next week: This time China was his target, as Trump threatened to unleash a wave of higher taxes on imports from America’s second-biggest trading partner.
Trump threatens 10% tariff on China as of Feb. 1
President Trump on Tuesday said he's considering a 10% tariff on China, despite a recent softening tone with the country. The big picture: The newly inaugurated president, who held off on imposing his promised massive tariffs on Mexico and Canada on his first day in office,
13h
China is not seeking a trade surplus, vice premier says
China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to ...
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.
4d
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 ...
4d
on MSN
China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
China has reported that its economy expanded at a 5% annual pace in 2024, achieving Beijing’s target of “around 5%” growth ...
4d
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 ...
5d
on MSN
China's economy is waiting for more stimulus. Here's how the country plans to boost growth
Nomura's Chief China Economist Ting Lu said in a report Tuesday that he expects the sales boost to fade by the second half of ...
11d
on MSN
China's Economy Faces Disaster as Population Ages
A top Civil Affairs Ministry official stressed new reforms must be rolled out over the next decade to be effective.
4d
on MSN
China’s population falls for a third straight year, posing challenges for its government and economy
China’s population has fallen for the third straight year, pointing to further demographic challenges for the world’s second ...
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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