China drops mention of ‘peaceful’ from Taiwan ambition as it increases military spending by 7.2% – China’s military expenditure will rise to an estimated £181.7bn …
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China’s leaders announce a push to jumpstart economy, but say it won’t be easy
The country’s premier announces a round of fiscal stimulus to boost employment, but warns its legions of bureaucrats to gird themselves for a period of fiscal austerity.
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 needs to unlock more stimulus to meet 5% GDP target- ANZ
Investing.com– The Chinese government will likely need to unlock more stimulus to meet its 5% GDP target for 2024, analysts at ANZ said in a note on Tuesday.ANZ analysts noted that the 5% target, …
China vows to ‘transform’ economy, targets stable growth of around 5%
China will target economic growth of around 5% this year, Premier Li Qiang said on Tuesday, promising steps to transform the country’s development model, curb industrial overcapacity and tackle risks …
China to increase military spending as it sets ambitious growth target for 2024
The Asian giant’s defence budget would rise to 1.67 trillion yuan (£181.7bn), according to the annual finance ministry report released at the National People’s Congress. China’s defence budget in 2023 …
China Says It Will Defuse Financial Risks at Its Top Legislative Meeting
China pledged to deepen measures to address financial risks and “hidden dangers” at its annual legislative meeting, as policymakers seek to grow the economy with “greater security.” Top officials aim …
China Sets Ambitious 5% Growth Target for 2024
BEIJING—China announced an economic growth target of around 5% for the year, unchanged from the previous year, a goal that economists say will require more policy support as challenges mount.This year …
China to defuse risks in real estate, local govt debt, small and medium-sized financial institutions
[Photo/Xinhua] BEIJING — China will address both the symptoms and root causes to defuse risks in real estate, local government debt, and small and medium-sized financial institutions to safeguard …
China sets ambitious economic target for 2024
China has set an ambitious growth target of around 5% for this year, as it announced a series of measures aimed at boosting its flagging economy. Premier Li Qiang made the announcement at the opening…
China says military spending growth in 2024 to stay the same as last year at 7.2%
China is set to increase its defense spending by 7.2% to 1.67 trillion yuan in 2024, according to a Ministry of Finance budget report. China’s 2024 military budget expansion follows a 7.2% increase …
China defence spending to climb 7.2% as Xi Jinping pursues buildup
Military expenditure by the central government is expected to rise to 1.67 trillion yuan ($231 billion) this year, according to a Finance Ministry report released on Tuesday …
China sets ambitious 5 percent growth target for 2024
Chief China Economist at UBS, told AFP. “The property market has continued to fall and not yet reached the bottom, which exerts downward pressure on the economy,” she added, saying that would have a …