Shares are mixed in Asia after China’s premier said the country’s target for economic growth this year is around 5%, in line with expectations …
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China Retains 5% Growth Target For 2024 As Economy Struggles To Shake Off Slowdown
Grappling with economic slowdown and dwindling business sentiment, China has fixed a modest official growth target of around five per cent this year with a pledge to create 12 million jobs amid …
China aims for self-reliance in tech; vows to open manufacturing to foreign investors
China vowed on Tuesday to build up industries it sees as crucial to future competitiveness, ranging from artificial intelligence to space, while offering to free up access to manufacturing and some …
What you should know from the opening of China’s legislature
China’s Premier Li Qiang promoted an image of confidence as he announced modest economic growth goals for the world’s second largest economy, at one of the country’s most important political …
China retains 5 per cent growth target for 2024 as economy struggles to shake off slowdown
“Geopolitical conflicts became more acute, protectionism and unilateralism were on the rise, and the external environment exerted a more adverse impact on China’s development,” he said. Domestically, …
China sets an economic growth target of 5% and pledges help for consumers and property developers
Last year, China’s economy grew at a 5.2% pace, but that was after a very slow 3% annual growth rate in 2022, when the country was enduring the worst disruptions from the COVID-19 pandemic, when…
Hong Kong shoppers are crossing the border into Shenzhen to buy croissants and rotisserie chickens at China’s newest Costco
Hong Kong’s economic struggles created the perfect situation for China’s Shenzhen Costco location to thrive, netting 15,000 cross-border memberships.
China targets 2024 economic growth around 5%, on par with last year’s rate
China’s official growth target for this year is around 5 per cent, Premier Li Qiang said Tuesday in an annual report on the government’s plans and performance that prioritized both security and the …
China raises defense budget 7.2% as it pushes for global heft and regional tensions continue
China on Tuesday announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring the rise …
China Keeps Growth Target Unchanged at Around 5%, in Sign of Optimism
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 coast guard says it took measures against Philippine vessels at Second Thomas Shoal
China’s coast guard said on Tuesday that it took control measures against Philippine vessels that illegally intruded into waters adjacent to the Second Thomas Shoal, which is a disputed atoll in the …
China sets modest GDP target as it faces regional tensions and an ageing population
Premier Li Qiang tells annual gathering that the global economy and problems closer to home are presenting hurdles for China’s post-Covid recovery …
China’s economic growth target for 2024 is about 5%, on par with last year’s rate
China’s economic growth target for this year is around 5%, in line with last year’s performance despite forecasts for a slowdown …