Economy and Finance
China to adopt more proactive fiscal policy amid slow economy, trade tensions
The policy seeks to tackle government debt and expand public spending but falls short of addressing the country’s weakening domestic demand, analysts say.
U.S., China kick off new round of tariff war
NEWS PACKAGE: As promised on the campaign trail, U.S. President Donald Trump slapped a 10% tariff on all imports from China, effective February 4; China swiftly hit back with additional tariffs of 10% and 15% on select U.S. goods
China warns U.S. against containment as Trump’s second term reshapes relations
Wang Yi signals a tough stance on U.S. sanctions but raises the possibility of a successful partnership.
China criticizes Trump tariffs, threatens possible retaliation
Wang Yi urges Washington to stop tariff war, claims Chinese support for multilateral world order.
China sets moderate economic growth target amid looming trade war
Analysts say China’s attempt to boost domestic consumption might be compromised by the large amount of resources it pours into emerging sectors like AI.
What to expect from China’s annual political meetings
China’s annual legislative meetings are expected to roll out policies aimed at boosting domestic demand and injecting more resources into supporting innovation.
Chinese fishermen advance in Argentine waters: group
Beijing backs fishing so far from home as nearer waters become depleted, group says.
Xi warns of economic ‘difficulties’ ahead of National People’s Congress
China’s growth figures are overblown and consumer confidence is at a low ebb, analysts say.
Chinese companies expand overseas as domestic economy stalls
Chinese fast food and beverage chains find success in overseas markets as businesses hope for better economic luck abroad.
China’s housing rents decline further, worsening economic woes
This trend may further erode confidence in the real estate market, making the path to economic recovery seem even longer.