The country’s top leaders set an optimistic growth target but gave few hints of how to achieve it as their export-led strategy is challenged by rising tariffs on Chinese goods.
Tagged By financials
China issues guideline to boost financial support for sci-tech innovation
China will strengthen financial support for realizing high-level scientific and technological (sci-tech) self-reliance and building the country into a sci-tech powerhouse through various means, …
How China will end up the biggest winner from UK and US foreign aid cuts
How China will end up the biggest winner from UK and US foreign aid cuts – As countries lose vital foreign aid from the UK and US, some fear governments could turn to China to…
China’s parliament sets stimulus plan to beat U.S. tariffs
China kept its economic growth target for this year unchanged at roughly 5%, committing more fiscal resources than last year to mitigate the impact of rising U.S. trade tariffs and global shifts that Premier Li…
China will relax merger and acquisition loans for technology enterprises
China’s financial regulator said on Wednesday it will launch a pilot program to relax merger and acquisition (M&A) loan issuance to technology firms, according to a statement released by the National Financial Regulatory Administration.
China defies Trump’s trade war by setting ambitious 5% growth target, vows to ‘prevail over any difficulty’
China has set an ambitious target of “around 5%” growth for 2025, in a defiant show of confidence as it braces for the fallout from escalating American tariffs on its export-driven economy.
China ramps up stimulus to guard economy from changes ‘unseen in a century’
By Antoni Slodkowski, Laurie Chen, Jing Xu and Eduardo Baptista BEIJING (Reuters) – China unlocked more fiscal stimulus on Wednesday, signalling greater efforts to boost consumption as a means to ring-fence the economy’s path towards…
China announces 2025 growth target, acknowledges international and domestic challenges
China has set an ambitious target of “around 5%” growth for 2025. In a speech at the at the opening session of the National People’s Congress (NPC), the country’s rubber-stamp legislature, Chinese Premier Li Qiang…
China Sets 2025 GDP Growth Target At ‘Around 5%’ Amid Major Challenges
China set its economic growth target at “around 5%” for 2025, the same as last year and in line with market expectations.
China sets GDP growth target of ‘around 5%’ for third year running, despite worsening trade war
China has maintained the same GDP target since 2023, signalling confidence in economic growth amid trade tensions and global uncertainties, analysts say …
China plans to issue 500 billion yuan in special bonds for big banks
CHINA plans to issue 500 billion yuan (S$92 billion) in special sovereign bonds as it seeks to boost capital at its biggest banks to support the economic recovery, according to the government’s annual …
US dollar pressured by Trump trade war as China NPC begins
The U.S. dollar drooped near a three-month low versus major peers on Wednesday while shares in Asia were mixed after the latest round of U.S. tariffs and countermeasures from Canada and China stoked …
China sets GDP growth target at 5pc despite tariffs
China also aims for a budget deficit of 4 per cent of gross domestic product (GDP) in 2025, up from 3 per cent in 2024, according to the annual “work report”.
