China on Wednesday announced it would raise its defense spending by 7.2% this year, seeking to safeguard its security amid mounting geopolitical tensions.
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China will increase its defense budget 7.2% this year
China said Wednesday it will increase its defense budget 7.2% this year. The budget was announced at the National People’s Congress, the annual meeting of China’s legislature. The Pentagon and many …
How are Canada, Mexico and China responding to Trump’s tariffs? AP explains
U.S. President Donald Trump’s long-threatened tariffs are here, plunging the country into an escalating trade war with China, Canada and Mexico.
China to Adopt Policies for Aging Population, Try to Boost Birth Rates
HONG KONG (Reuters) -China will “actively” respond to population aging with policies for its rapidly growing elderly and its young people, including providing childcare subsidies and making preschool …
Xi’s Message: The Economy Is Strong and China Won’t Back Down
As Chinese leaders meet in Beijing, they are striking a confident posture in the face of pressure and uncertainty from the United States.
China announces plans for major renewable projects to tackle climate change
China said on Wednesday it would develop a package of major projects to tackle climate change as it moved towards peak carbon emissions and carbon neutrality.
China sets 2025 growth target at roughly 5%, defying tariff pressure
China kept its economic growth target for this year unchanged at roughly 5%, committing more fiscal resources than last year to fend off deflationary pressures and mitigate the impact of rising U.S.
China’s Parliament Meets to Shield Economy From US Tariff Salvos
BEIJING (Reuters) – China’s parliament begins its annual session on Wednesday with officials under pressure to tilt their fiscal resources towards consumers to make the economy more resilient in the face of rising U.S. trade…
‘RoboCop’ is real and he’s going viral by patrolling the streets in China
A police robot has started patrolling the streets of a province in China, not unlike the RoboCop envisioned in the Paul Verhoeven movie.
Tariffs on China Prompt Tire Chain Seller to Raise Prices
Michael Goldblatt, who runs TireChain.com, a direct-to-consumer seller of tire chains, said he has passed some of his additional costs from tariffs on Chinese imports to customers. The company now faces a 45% tariff on…
China vows to ‘fight till the end’ as Trump escalates trade war
As President Donald Trump unleashes sweeping changes across the US government and overturns decades of American foreign policy, Chinese leader Xi Jinping is preparing to hold a major political gathering designed to project tightly-controlled stability.
The Economy and AI Are Likely to Be Among the Top Issues for China’s Legislature
Harnessing the power of artificial intelligence and shoring up the economy are among the issues expected to top the agenda when China’s legislature meets Wednesday in Beijing
Shenzhen to expand AI terminal industry
CHINA’s southern tech hub of Shenzhen on Monday published an action plan to expand the city’s artificial intelligence (AI) terminal industry to a scale of 1 trillion yuan (about $139.38 billion) by …