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China's economy meets official growth target
China's economy meets official growth target, but many feel worse off
China's economy grew 5% last year, matching the government's target, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its industrial and export gains to consumers.
China: China's GDP expands 5 pct in 2024, meeting annual target
According to preliminary estimates, the gross domestic product of China was 134 trillion yuan in 2024, approximately 18 trillion U.S. dollars, which is an increase of 5 percent over the previous year,
China’s Economic Growth Hits Target Amid Rising Challenges
Chinas economy grew 5% in 2024, meeting its target, but concerns over imbalanced growth persist. Industrial gains overshadowed consumer spending, with many citizens reporting declining living standards.
China's economy meets official growth ambitions, but many feel a downturn
China's economy grew 5% last year, matching the government's target, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its industrial and export gains to consumers.
China, Trump and tariffs
Trump threatens China: More tariffs are coming on Feb. 1
President Donald Trump on Tuesday warned that even more tariffs could be coming as soon as next week: This time China was his target, as Trump threatened to unleash a wave of higher taxes on imports from America’s second-biggest trading partner.
Trump Says He’s Still Weighing 10% Tariff Threat on China
President Donald Trump said his threat to hit China with 10% tariffs on all imports was still on the table, a day after he left the world’s second largest economy out of the countries he was looking to target imminently.
Video: Trump holds off on China-specific tariffs on his first day in office
Trump holds off on China-specific tariffs on his first day in office US President Donald Trump's first day back at the White House was met with both enthusiasm and wariness from world leaders. Concerns over tariffs and trade have been top of mind.
11h
on MSN
China is not seeking a trade surplus, vice premier says
China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to ...
4d
China's Economy Faces Historic Setback Not Seen in Over Half a Century
Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.
East Asia Forum
1d
Green growth, high-tech gains and hard truths for China’s economy
China has seen a year of green triumphs and high-tech gains, but how its economy navigates real estate woes, cautious ...
4d
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 ...
13d
China counts on microwaves, rice cookers to revive economic growth
China has added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer ...
scmp.com
4d
IMF raises China’s 2025 GDP forecast by a hair, cites stimulus effects
China
’s
economic
direction this year hinges on the speed, strength and effectiveness of its fiscal-policy roll-out, as well as the pace of monetary easing, said Lynn Song, chief economist for ...
8d
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two ...
1d
China's frugal young adults accelerate saving, raising economic risks
The frugal trend that began in China during the economic disruption of the pandemic and deepened amid the crisis in the ...
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