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 …
Featured Posts Title
More people around the world now favour China over the US, Pew study suggests
Beijing cracks down on AI companions
China’s growth cools more than expected in second quarter
China’s economy grows at one of lowest rates in decades
China’s economy grew at a 4.3% annual pace in the last quarter, slowest since late 2022
China grew at its slowest pace in more than 3 years last quarter
US expert on underground nuclear tests held in China for 18 months
Recent Posts
China targets ‘around 5%’ GDP growth in 2025 and lays out stimulus measures as trade worries mount
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.
Chinese manufacturers scramble to mitigate tariff pain amid an escalating global trade war
As Washington-Beijing trade tensions flare, Chinese manufacturers are scrambling for ways to adjust their supply chains and head off the escalating tariffs.
China’s Parliament Meets to Shield Economy From US Tariff Salvos
BEIJING (Reuters) – China’s parliament begins its annual session on Wednesday with officials under pressure to tilt their fiscal resources towards consumers to make the economy more resilient in the face of rising U.S. trade…
China’s CNOOC to launch refinery expansion after $2.7 bln upgrade, sources say
China National Offshore Oil Company (CNOOC) is slated to launch an upgraded joint-venture refinery complex around June, marking the state-controlled producer’s further expansion into refining and petrochemicals,
Trump’s tariffs on Mexico, Canada and China are in effect — all the products Americans can expect to pay more for
Goods from China face at least a 20% tariff, while imports from Mexico and Canada are being hit with a 25% levy.
Illumina Stock Slammed As China Retaliates Against Trump’s Tariffs
Illumina stock skidded Tuesday after China signaled it would ban the company from importing its gene-mapping products.
