The U.S. government cannot allow the auto sector to face import competition from rivals who don’t operate under comparable market conditions.
Monthly Archives For March 2024
China National People’s Congress live updates: Legislative session set to open in Beijing
The National People’s Congress, China’s highest legislative body, holds its annual meeting this week at the Great Hall of the People near Tiananmen Square.
China sets 2024 GDP growth target at around 5%, same as last year
China has set an economic growth target for 2024 of around 5%, similar to last year’s goal and in line with analysts’ expectations, according to an official work report released on Tuesday. To meet …
China sets GDP target of ‘around 5%’ for 2024
The targets for GDP and other economic indicators were published as part of the opening of the National People’s Congress annual meeting.
China targets 2024 GDP growth of around 5%- government work report
China has set the 2024 growth target for the economy at around 5%, similar to last year’s, according to an official work report seen by Reuters on Tuesday.
Beijing’s robust commodity imports confound weak economy
IN stark contrast to the ongoing weakness in China’s key manufacturing index, the imports of key commodities by the world’s second-biggest economy are roaring ahead. China’s imports of crude oil, …
China Needs To Focus On Combatting Deflation At High-Profile Gatherings This Week
“Deflation is a very big problem that has not attracted sufficient attention by the policymakers,” says Columbia University economics professor Shang-Jin Wei …
There’s no fiscal ‘bazooka’ that China can aim at all of its economic troubles, Citi strategist says
The idea that China’s government will be able to steer the economy towards prosperity is an assumption that needs to be revised, Citi’s Luis Costa said.
American Companies Are Worried About China’s Slowing Economy. Here’s What They’re Saying
China’s economy has created issues for corporations like Apple, Ford, HSBC, and Starbucks, while Marriott International and Applied Materials are among those finding success there.
China seeks ways to revive slowing economy and salvage housing market as annual congress convenes
Now, instead of soaring prices, China is trying to fend off a potentially debilitating cycle of deflation, or chronically falling prices. Exports, another main driver of growth, dropped in 2023 for …
Beijing has conducted research to better integrate Hong Kong youths into nation’s development, CPPCC chairman Wang Huning says
Ideology chief also flags ‘systematic deficiencies’ on comprehensive research at the national level in his speech at the opening of the annual Two Sessions ‘[We] organised thematic inspections to …
Will US do the right thing on defense spending? Beijing, Moscow and Tehran watch and wait
President Biden signed the annual defense bill into law. But Congress has yet to pass the funds DOD needs to put that law into action.
Givenchy Names Li Bingbing Brand Ambassador In China
recently announced the appointment of Chinese actress Li Bingbing as brand ambassador for the Chinese market. Li joins the Givenchy family as its third China spokesperson and is the first to be chosen …
