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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.

StringersHub on MSN · 1d

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,

EconoTimes · 1d

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 from Feb.

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".

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.

Bloomberg on MSN · 8h

Trump Says He Could Hit China With 10% Tariff From Next Month

President Donald Trump said his threat to hit China with 10% tariffs on all imports was still on the table and indicated it could come as soon as next month, a day after he left the world’s second-largest economy out of the countries he was looking to target imminently.

1hon 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 ...

22h

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 ...

1hon 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 ...

5don 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 ...

7h

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 ...

5don 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 ...

East Asia Forum1d

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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