The political establishment, both the Democrat and Republican parties, as well as state intelligence agencies and numerous imperialist think tanks have made it clear that high-tech development in …
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Nation’s economy is improving steadily: Beijing
Mainland authorities on Monday described last year’s economic progress as “very impressive”, in the face of a turbulent external financial …
China’s monetary policy supports high-quality growth: central bank governor
Headquarters of the People’s Bank of China, the central bank, is pictured in Beijing. [Photo/IC] BEIJING– China’s prudent monetary policy has provided a favorable financial environment for …
China confident of achieving 2023 economic growth target: state planner
China is confident of achieving its 2023 economic growth target as the economy picks up, the vice head of the state economic planner said on Monday, after China set a modest growth target of around…
China to ramp up military spending by 7.2%, eclipsing rate of economic growth
China is planning to surge its defense budget by 7.2%, a higher rate of expansion than its “around 5%” economic growth objective for 2023.
‘I can’t get my money out’: Billionaire investor Mark Mobius says China is restricting flows of capital out of the country
The previous executive chairman of Templeton Emerging Markets Group said he’s been able to get his money “in and out” of the financial center. Mobius’s warning came days before China’s President Xi …
China 2023 GDP: why Beijing set a moderate target, and what it signifies for economic growth
After falling far short of its GDP target last year, Beijing is being a bit more reserved in 2023, and analysts say this reflects the need to cultivate better-quality growth long-term ‘Domestic and …
China boosts military spending by billions as US warns of potential Taiwan invasion
The Chinese government increased its military spending in 2023, infusing nearly $16 billion to bring the budget to $230 billion as the U.S. warns of a Taiwan invasion.
China Central Government to Borrow More: 2023 Budget Details
China’s central government is planning to increase borrowing by almost a fifth this year to finance a slightly bigger budget deficit, helping to reduce pressure on debt-laden local governments.
China to deepen financial reform, open to more foreign investment
China will deepen financial reform and improve its regulatory regime to guard against risks to the economy, and further open up to foreign investment, Premier Li Keqiang said on Sunday. The government …
China to increase defense spending by 7.2%
China’s defense budget grew by 7.1% last year to 1.45 trillion yuan, faster than the 6.8% increase in 2021, according to official data.
China Approves $1.3 Billion Rollover To Pakistan: Finance Minister Dar
Pakistan’s finance minister, Ishaq Dar, announced that the Industrial and Commercial Bank of China Limited had granted a $1.3 billion loan rollover to bolster Pakistan’s dwindling foreign exchange …
China Defends Growing Military Budget Before Annual Congress
China needs to increase its military budget to meet “complex security challenges,” a top Chinese official said, amid rising geopolitical tensions with the US.Most Read from BloombergSingapore PM Lee’s …
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