China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds. The target for GDP growth was announced Wednesday in a …
Monthly Archives For March 2025
China plans to issue 500 billion yuan in special bonds for big banks
CHINA plans to issue 500 billion yuan (S$92 billion) in special sovereign bonds as it seeks to boost capital at its biggest banks to support the economic recovery, according to the government’s annual …
US dollar pressured by Trump trade war as China NPC begins
The U.S. dollar drooped near a three-month low versus major peers on Wednesday while shares in Asia were mixed after the latest round of U.S. tariffs and countermeasures from Canada and China stoked …
China sets GDP growth target at 5pc despite tariffs
China also aims for a budget deficit of 4 per cent of gross domestic product (GDP) in 2025, up from 3 per cent in 2024, according to the annual “work report”.
Markets Today: February Services PMI; Trump tariffs; FIIs; Shreenath IPO
Stock Markets Today, March 5, 2025: February Services PMI, Trump tariffs moves, FIIs, along with mixed global cues, may influence the benchmarks, Sensex and Nifty50, today. In the previous session, …
China targets ‘around 5%’ GDP growth in 2025 and lays out stimulus measures as trade worries mount
China on Wednesday set its GDP growth target for 2025 at “around 5%” as it starts its annual parliamentary meeting amid escalating trade tensions with the U.S, according to a copy of the government …
As Trump escalates trade war, Xi aims to project that it’s business as usual in China
As President Donald Trump unleashes sweeping changes across the US government and slaps tariffs on America’s leading trade partners, Chinese leader Xi Jinping is preparing to hold a major political …
Xi’s Message: The Economy Is Strong and China Won’t Back Down
As Chinese leaders meet in Beijing, they are striking a confident posture in the face of pressure and uncertainty from the United States.
China hits US soybean firms, halts log imports as it steps up retaliation against Trump tariffs
China suspended on Tuesday the soybean import licenses of three U.S. firms and halted imports of U.S. logs, stepping up retaliatory action after the United States imposed additional tariffs on Chinese …
Starbucks’s China comeback relies on right partner, brewing back the vibe
As Starbucks tries to revive its faltering business in China, analysts say strategic partnerships and returning to its roots as a place where customers come for a coffee “experience” offer the best bet to beat…
China announces plans for major renewable projects to tackle climate change
China said on Wednesday it would develop a package of major projects to tackle climate change as it moved towards peak carbon emissions and carbon neutrality.
China sets 2025 growth target at roughly 5%, defying tariff pressure
China kept its economic growth target for this year unchanged at roughly 5%, committing more fiscal resources than last year to fend off deflationary pressures and mitigate the impact of rising U.S.
Trump tariffs push China to retaliate: Soybean farms hit, lumber imports halted
China also imposed import levies covering $21B worth of US agricultural and food products including soybeans, wheat, meat and cotton.