The World Bank has recently updated its economic forecasts for China, raising the projected GDP growth for 2024 and 2025. The World Bank now expects China’s GDP to grow by 4.9% in 2024, up from its …
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China’s economic outlooks looks very confusing heading into 2025
China’s economic forecast heading into 2025 is like staring at a chaotic spreadsheet riddled with contradictions. The World Bank has boosted its expectations …
China raises its estimate for the size of its economy in 2023
China’s economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5%” growth in the GDP this year, the government said Thursday. The estimate for …
How China turns members of its diaspora into spies
But it has also been pursuing a more subtle campaign, one that involves bribery, blackmail and secret deals, and which uses people such as Mr Tang and other members of the Chinese diaspora to carry…
US legal industry’s China retreat gained steam in 2024
Major U.S. law firms scaled back from Greater China’s legal market at a rapid pace in 2024, highlighting an uncertain future for foreign firms in the world’s second largest economy.
Govt initiates anti-dumping probe into LNG fuel tanks imports from China
India has initiated a probe into alleged dumping of LNG fuel tanks from China following a complaint by a domestic player, according to a commerce ministry notification.
India overtakes China to become Asia’s top IPO market & Kohli-Konstas collide Down Under
Global media also reported on the safe return of Hindu pilgrims who had crossed the border to Pakistan to visit Katas Raj temples in Chakwal & remembered ‘Kerala’s pride’ MT Vasudevan Nair.
China’s Xi sends condolences over Azerbaijan Airlines plane crash
Chinese President Xi Jinping on Thursday sent condolences to the presidents of Azerbaijan, Russia and Kazakhstan for the casualties caused by the Azerbaijan Airlines plane crash, China’s state …
China’s Finance, Property Firm Workforces Shrink for First Time
China’s finance and property companies saw their workforces shrink in recent years years for the first time, reflecting the damage caused by a housing market collapse and regulatory probes.
China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure
China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top statistics official said on Thursday, while releasing the fifth national economic …
The U.S. Has 2 Choices on China Chip Policy. Neither Are Good for Stocks.
As the Biden administration considers new chip export controls on China, the policy risks hurting makers of chip equipment or the U.S. chip makers themselves.
Trump’s defense policy pick once called for the US to destroy TSMC if China takes Taiwan
“Disabling or destroying TSMC is table stakes if China is taking over Taiwan,” former senior Pentagon official Elbridge Colby said in February.
China resumes routine inspections of Australian lobster
China’s commerce ministry on Thursday said it has resumed regular quarantine inspections for lobsters imported from Australia, effectively restoring shipments that had been disrupted since late 2020 …