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 is emphasizing its willingness to negotiate as increased tariffs on exports to the United States may soon become a reality.
Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.
The movement to eliminate the free trade perks China enjoys in the U.S. is gaining steam under Republican control of government.
A top Civil Affairs Ministry official stressed new reforms must be rolled out over the next decade to be effective.
China’s economy grew 5% in 2024, driven by stimulus measures, strong exports, and high-tech investment, despite challenges like weak domestic demand and demographic pressures. Structural reforms and targeted policies are essential for sustaining growth ...
China has seen a year of green triumphs and high-tech gains, but how its economy navigates real estate woes, cautious consumers and the return of Trump remains to be seen.
"But do not let that achievement fool you. Under the hood, the economy's engine is struggling to get into gear," he warned. However, Francois Chimits from the Mercator Institute for China Studies said the figure should be regarded with some scepticism as ...
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.
As a BRICS partner member, Nigeria gets to participate in trade and investment, food security, and other benefits with other emerging economies, but the majority of its foreign-traded goods are usually deemed non-competitive,