In a speech to the country’s lawmakers, Chinese Premier Li Qiang said AI would be key to boosting China’s digital economy.
Monthly Archives For March 2025
Two China watchers make sense of Beijing’s policies from the annual congress meeting
David Kuo, co-founder of The Smart Investor, and Louise Loo, lead economist, China, of Oxford Economics discuss the market and economic implications from the policy signals made in Chinese Premier Li …
China to raise defense spending by 7.2% in 2025 to ‘firmly safeguard’ national security
China on Wednesday announced it would raise its defense spending by 7.2% this year, seeking to safeguard its security amid mounting geopolitical tensions.
China to give cities more room to purchase unsold homes
It also pledged to “effectively prevent debt defaults by real estate companies”. Read more at straitstimes.com.
China Sets 2025 GDP Growth Target At ‘Around 5%’ Amid Major Challenges
China set its economic growth target at “around 5%” for 2025, the same as last year and in line with market expectations.
China sets GDP growth target of ‘around 5%’ for third year running, despite worsening trade war
China has maintained the same GDP target since 2023, signalling confidence in economic growth amid trade tensions and global uncertainties, analysts say …
U.S. Soybean Export Council says reciprocal tariffs will be an opportunity to diversify export markets beyond China
U.S. Soybean Export Council’s Jim Sutter expects a framework like the Phase 1 agreement from Trump’s first term, which he says was largely successful in securing lower tariffs from China – America’s largest soybean buyer.
China hits Illumina with import ban. What does that mean for the San Diego gene sequencer?
The Chinese government took its economic sanctions against San Diego-based Illumina a step further Tuesday by banning the gene-sequencing company from importing its machines to the country. It’s part of China’s broader retaliation against President…
China will increase its defense budget 7.2% this year
China said Wednesday it will increase its defense budget 7.2% this year. The budget was announced at the National People’s Congress, the annual meeting of China’s legislature. The Pentagon and many …
China’s services activity grows modestly in February, Caixin PMI shows
China’s services activity slightly expanded in February, driven by a faster rebound in demand, including export orders, a private sector survey showed on Wednesday, though an escalating U.S.-Sino …
How are Canada, Mexico and China responding to Trump’s tariffs? AP explains
U.S. President Donald Trump’s long-threatened tariffs are here, plunging the country into an escalating trade war with China, Canada and Mexico.
China to Adopt Policies for Aging Population, Try to Boost Birth Rates
HONG KONG (Reuters) -China will “actively” respond to population aging with policies for its rapidly growing elderly and its young people, including providing childcare subsidies and making preschool …
China Sets 2025 Growth Target at About 5% Despite Looming Trade Tensions
China has set an economic growth target of around 5% for 2025, unchanged from last year, despite mounting challenges from trade tensions, weak domestic demand and a prolonged property downturn.
