GDP for the last three months of 2023 rose by 5.2%, missing analysts’ estimates of 5.3% in a Reuters poll. Retail sales grew by 7.4% in December from a year ago, also missing expectations for…
Monthly Archives For January 2024
China blasts president of the Philippines for congratulating Taiwan election winner
Ministry spokesperson Mao Ning told reporters that Marcos’s remarks “seriously violated the political commitments made by the Philippines to China and rudely interfered in China’s internal affairs.” China claims Taiwan as its own territory,
Toy manufacturers’ shift from China is no child’s play as bottlenecks stay
Toy makers in China are struggling to shift production to cheaper centers due to inefficiencies in other countries, raising the risk of higher toy prices in the future.
China’s Economy Grew Last Year, but Strains Lurk Behind the Numbers
Gross domestic product expanded 5.2 percent, as China worked to export more to make up for weak demand, high debt and a steep property contraction at home. By Keith Bradsher Reporting from Beijing and Shanghai…
FirstFT: Li Qiang says China’s economy grew an ‘estimated’ 5.2% last year
Also in today’s newsletter, Kim Jong Un abandons aim of unification with South Korea and US launches fresh strikes on Houthis
China’s Q4 GDP grows 5.2% y/y, below market forecast
BEIJING, Jan 17 (Reuters) – China’s economy grew 5.2% in the fourth quarter from … partly helped by the previous year’s low-base effect which was marked by COVID-19 lockdowns. Analysts had forecast …
China’s military upheaval could indicate Xi is preparing for World War III: experts
The 70-year-old Communist Party leader “is thinking that he needs officers who are prepared to actually fight,” said Gatestone Institute senior fellow Gordon Chang.
Beijing to build world-class, integrated Great Wall scenic area
The Great Wall has a total length of more than 20,000 kilometers and is a UNESCO World Heritage Site consisting of many interconnected walls. Beijing has an approximate total of 520 kilometers of Great Wall…
Beijing bristles as Marcos cheers Taiwan poll winner
IN a surprising turn of events, President Ferdinand Marcos Jr. veered from the neutral, tempered position initially posed by his Foreign Affairs department and publicly congratulated the pro-independence candidate in Taiwan for winning the recently…
Apple cuts China iPhone prices: Why one analyst isn’t worried
Apple is (AAPL) reportedly cutting the price of its iPhone in China. Creative Strategies Principal Analyst Ben Bajarin notes that the price cuts coms as China enters into Chinese New Year which he …
Marketmind Countdown to China GDP
A raft of top-tier Chinese economic indicators for December, culminating in Q4 and 2023 GDP, takes center stage in Asia on Wednesday, with global markets under heavy selling pressure from a sharp rise …
US tariffs on Chinese imports might increase in 2024, analysts say
China’s slow economic recovery suggests it may need to increase exports to other countries, including the US, which could react with new tariffs However, one expert contends, ‘it’s going to take …
China’s Q4 GDP to show patchy economic recovery, many challenges ahead
China’s economy likely perked up slightly in the fourth quarter, enabling the government to hit its growth target after the previous year’s miss, but the outlook for 2024 remains shaky amid a protracted property slump…
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