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.
China, Davos
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China is not seeking a trade surplus, vice premier says
'No Winners In A Trade War': Chinese Vice Premier Tells Davos
A top Chinese official warned Tuesday that no country would emerge victorious from a trade war, in a speech to the Davos forum as Donald Trump returned to the White House.
China not pursuing trade surplus, protectionism 'leads nowhere', Ding tells Davos
Chinese Vice-Premier Ding Xuexiang will deliver a speech at the World Economic Forum in Davos, Switzerland on Tuesday, making him the first senior leader from China to address global concerns about the country's economic prospects and foreign policy priorities since Donald Trump kicked off his second term as US president.
Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.
Whether it is over TikTok, fentanyl or trade, Beijing might welcome a compromise to buy time to address its ailing economy and bolster its position globally.
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.
6don MSN
China has reported that its 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.
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.
A record share of U.S. companies in China are accelerating their plans to relocate manufacturing or sourcing, according to a business survey released Thursday.
"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 ...
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