Beijing is looking to rebound from the coronavirus pandemic after dropping growth targets last year. It plans to become more self-reliant in technology. ( read original story ...)
China to increase annual R&D spending by more than 7% in next five years: work report
China will increase its annual research and development spending by more than 7% every year over the next five years, the government wrote on Friday in its work report from the Fourth Session of the ... ( read original story ...)
China rebounds with economic growth target above 6%
China is aiming for an economic growth rate above 6% in 2021, after scrapping its target last year. China's Premier Li Keqiang announced the target on Friday at the opening of this year's National ... ( read original story ...)
China’s Defense Budget Climbs 6.8% as Economy Recovers
China projected defense spending growth of 6.8% this year, the largest increase in two years, amid tensions with the U.S. and key neighbors. ( read original story ...)
China sets growth target ‘over 6%,’ tightening HK control
BEIJING — China’s No. 2 leader set a healthy economic growth target Friday and vowed to make this nation self-reliant in technology amid tension with Washington and Europe over trade and human rights. ( read original story ...)
Breakingviews – Capital Calls: China falls back on GDP targets
Such targets have historically fed industrial overcapacity and an estimated $1.5 trillion of bad debt, so the announcement is a disappointment to those who had hoped China would wean itself off growth ... ( read original story ...)
China says 2021 outlook ‘quite grave’ for govt revenue, expenditure
The outlook for China's government revenue and expenditure this year is "quite grave", the finance ministry said on Friday in its annual budget report. ( read original story ...)
Breakingviews – Capital Calls: China falls back on GDP targets
Such targets have historically fed industrial overcapacity and an estimated $1.5 trillion of bad debt, so the announcement is a disappointment to those who had hoped China would wean itself off growth ... ( read original story ...)
China says 2021 outlook ‘quite grave’ for govt revenue, expenditure
The outlook for China's government revenue and expenditure this year is "quite grave", the finance ministry said on Friday in its annual budget report. ( read original story ...)
Taiwan ranks as sixth-freest economy: survey
Taiwan’s economy ranked sixth in this year’s Index of Economic Freedom, as its overall score picked up 1.5 points due primarily to an improvement in government integrity, an annual Heritage Foundation ... ( read original story ...)