China will formulate plans to develop emerging industries including quantum computing and continue striving to achieve self-sufficiency in technology, a government work report said.It will also step …
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China to step up quantum computing, AI in tech self-sufficiency drive
China Boosts Military Spending By 7.2% Amid Anti-Corruption Probe, Vows To Deter Taiwan ‘Separatist Activities’
China has announced a significant increase in its military spending for 2024. This decision comes amid an ongoing anti-corruption probe within the People’s Liberation Army (PLA) and escalating …
China raises defense budget by 7.2% as it pushes for global heft and regional tensions continue
While the U.S. defense budget has declined to about 12% of government spending, the proportion China spends remains obscure because of the many civilian-military collaboration projects it runs, from …
China is laying out ambitious growth goals for 2024, and even Beijing knows they’ll be hard to hit
China’s premier, Li Qiang, announced a 5% economic growth target for 2024.The ambitious goal faces headwinds like a property crisis, deflationary pressure, and a demographic crisis.Economists suggest …
China National People’s Congress: Beijing aims for 5% growth in 2024
The National People’s Congress, China’s highest legislative body, holds its annual meeting this week at the Great Hall of the People near Tiananmen Square.
Oil steadies on OPEC+, underwhelming China reforms
Oil steadied on Tuesday after falling in the previous session as the prospect of a tighter market due to OPEC+ supply restraint offset concern over Chinese growth and uncertainty over the pace of …
Map Shows US Aircraft Carrier Near South China Sea Hotspots
The USS Theodore Roosevelt plotted a course past Taiwan and the Philippines as both grappled with flare ups with neighboring China.
China’s 5% GDP goal is ‘attainable’ but it won’t be easy, says Hong Kong’s financial secretary
highlighting bright spots in China’s export sector and domestic consumption. “ASEAN in particular is growing very fast, and the population is young. So this represents also a huge market for China’s …
AMD reportedly hits U.S. regulatory roadblock for China-tailored chip
AMD will reportedly need an export license for its made-for-China chips which it had hoped could skirt U.S. trade restrictions on semiconductor sales to China. The news comes as American semiconductor …
China to Issue CNY1 Trillion in Special Ultralong Bonds This Year
China will issue the equivalent of $139 billion in special ultralong bonds this year, part of plans to boost business activity and achieve its ambitious economic growth target of around 5% for 2024.
Govt Work Report shows how China plans to leverage its advantages
Meanwhile, while the world is undergoing the pains of post-COVID-19, decoupling of economic integration, China is actually seeking further global integration promoting a globalization reset in the …
China Sets Ambitious 5% Economic Growth Target Amidst Uncertain Times
In a bid to navigate through challenging economic landscapes, Chinese Premier Li Qiang announced a targeted growth rate of around 5% for the year ahead, acknowledging the formidable obstacles that lie …
China sets an economic growth target of around 5% but acknowledges it will not be easy to achieve
China aims to achieve 5% economic growth this year, Premier Li Qiang said Tuesday, acknowledging that it will be a challenging goal in difficult times.
