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 has reported that its economy expanded at a 5% annual pace in 2024, slower than the year before but still hitting Beijing’s target of “around 5%” growth
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.
China is emphasizing its willingness to negotiate as increased tariffs on exports to the United States may soon become a reality.
However, recent examples of Beijing punishing companies for their ties to Taiwan have made U.S. businesses cautious in their efforts to avoid China in the production of drones, an
Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.
China's economy has so far failed to achieve a robust post-pandemic ... slipping into deflation last month as consumers remain wary of pulling out their wallets. Beijing has recently unveiled some of the most aggressive measures in years aimed at boosting ...
China’s population has fallen for the third straight year, pointing to further demographic challenges for the world’s second most populous nation that is now facing both an aging population and an emerging shortage of working age people able to support their elders.
China's economy expanded at a 5% annual pace in 2024, achieving Beijing’s target of “around 5%” growth helped by strong exports and recent stimulus measures. In quarterly terms, the economy grew 5.4% in October-December,
Even as China’s box office haul plunged by nearly a quarter to 42.5 billion yuan, foreign films had their best tally since before the pandemic to raise their share to 21 percent of the overall market, according to a report by Chinese ticketing service Maoyan Entertainment this month.
China's development model is at a crossroads, with a choice between much higher spending on pensions and healthcare or industrial upgrades and urbanization.