Higher US tariffs under President Donald Trump could accelerate a slump in the value of China's currency, complicating recent efforts by Beijing to kickstart a rebound in its struggling economy, analysts warn.
Beijing - China’s manufacturing activity unexpectedly contracted in January for the first time in four months, official data showed on Jan 27, as Beijing struggles to sustain the recovery of the world’s second-largest economy.
The hydropower dam, in quake-prone Tibet, is set to be the world’s biggest. But China has said little about the project, which could affect nearby countries.
China has reported that its economy expanded at a 5% annual pace in 2024, slower than the year before but still hitting Beijing’s target of “around 5%” growth
Australia is now more dependent on a single market than it has ever been since the late 1940s when our biggest customer was the United Kingdom.
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.
Donald Trump’s second term in office is getting off to a good start for China.
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.
Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.
Travellers thronged railway stations and airports on Friday, clutching large suitcases and gifts such as boxes of fruit as they joined millions of Chinese returning to their hometowns to celebrate the Lunar New Year festival with family.
China's economy has so far failed to achieve a robust post-pandemic ... slipping into deflation last month as consumers remain wary of pulling out their wallets. Beijing has recently unveiled some of the most aggressive measures in years aimed at boosting ...
China's economy expanded at a 5% annual pace in 2024, achieving Beijing’s target of “around 5%” growth helped by strong exports and recent stimulus measures.