It also pledged to “effectively prevent debt defaults by real estate companies”. Read more at straitstimes.com.
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China to give cities more room to purchase unsold homes
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.
China keeps its economic growth target at ‘around 5%’ for 2025
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 …
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 …