The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.
Tagged By business
China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
China has reported that its economy expanded at a 5% annual pace in 2024, slower than the year before but still hitting Beijing’s target of “around 5%” growth …
China’s economy meets official growth target, but many feel a downturn
China’s economy matched the government’s ambitions for 5% growth last year, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its industrial and export gains to…
China’s steep barriers for IPOs come with serious economic costs
Within days of its $4.4 billion IPO on the New York Stock Exchange last June, the Chinese ride-hailing giant Didi Global got sideswiped. Regulators in Beijing forced the firm to remove its apps from …
China reports 5% GDP growth for 2024, meeting its official target
China’s economy grew 5% in 2024, meeting its growth target of around 5%.
China Says Economy Grew 5% Last Year, Driven by Exports
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.
Could Elon Musk’s influence on US-China trade policy harm India’s economic growth?
As the US navigates its trade relationship with China, one of the most significant players shaping this dynamic is Elon Musk. With deep business ties to China through Tesla and other ventures, Musk’s influence on…
Here’s How to Help U.S. Businesses Become Less Dependent on China
Government leaders should follow our bipartisan blueprint to help U.S. companies shore up their supply chains.
‘No choice but crypto’: China’s graduates flee jobs crisis
Young educated Chinese, faced with few opportunities in a shrinking market at home, are relocating across Asia to trade cryptocurrencies full-time.
China-tailored RTX 5090D has AI and cryptomining limiters — multi-GPU config is also locked
Nvidia has purportedly disabled overclocking and multi-GPU support on the RTX 5090D to ensure its performance does not exceed U.S. export regulations.
Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To “Export Their Way Out Of Economic Malaise”
Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump’s Treasury Secretary, he believes Chinese companies are likely to reduce prices in response to American …
China’s Shenzhou 19 Crew Enters Tiangong Space Station After Docking
China’s Shenzhou 19 crew, Cai Xuzhe, Song Lingdong and Wang Haoze, completed ingress into the Tiangong space station Credit: Space.com | footage courtesy: China Central Television (CCTV) | edited by S …
Robot with human-like walk taking a stroll in China stuns experts
Chinese robotics company Zhongqing Robotics demonstrated a new terminator-like robot codenamed SE01 in Shenzhen, China on January 8. The footage went viral and stunned AI research scientist Jim Fan …