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China, Economy
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.
IMF says China's economic growth of 5% in 2024 was 'positive surprise'
China notified the International Monetary Fund on Thursday that its economy grew by 5% in 2024, IMF Chief Economist Pierre-Olivier Gourinchas told reporters, calling the development a "positive surprise" compared to the IMF's forecast of 4.
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 likely imposition of fresh tariffs by US President-elect Donald Trump, who takes office next week.
8h
on MSN
One Weapon China Is Reluctant to Deploy Against Tariffs: A Weaker Currency
The last time Trump hit China with tariffs, Beijing devalued the yuan, blunting the impact. This time, Xi Jinping has ...
20h
Is China’s GDP Growth Only 2%? Donald Trump Might Want To Find Out
Gao’s sin? Saying that China may have grown just 2% over the last two or three years, less than half the rate Xi’s government ...
1h
on MSN
Cutting Off Trade Will Make the U.S. Poorer and China More Totalitarian
Politicians in both parties see the People's Republic as an economic and military threat. But the real threat is an isolated ...
1d
on MSN
China Has a $1 Trillion Head Start in Any Tariff Fight
As Donald Trump prepares for his second term, China’s dominance of global manufacturing is greater than ever.
22h
Global shares jump on easing yields, China growth
Global equities rose on Friday, adding to weekly gains, as declining bond yields, stronger than expected Chinese growth ...
4d
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two ...
12h
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 ...
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