The goal of between 4.5 percent and 5 percent, announced at a gathering of Communist Party leaders, was the lowest since 1991 and can offer clues about China’s policymaking plans.
China to Send Special Envoy to Middle East
China’s Foreign Minister Wang Yi pledged to send a special envoy to the Middle East to mediate the conflict, potentially marking a more active diplomatic role for Beijing. Wang made the pledge on a …
Facing ‘grave and complex landscape,’ China sets lowest economic growth target in decades
China set its lowest economic growth target in decades on Thursday, announcing it would aim for 4.5-5% expansion in 2026 as the world’s second-largest economy grapples with weak domestic demand and an …
China to inject $44 billion into state banks, boost tech financing
BEIJING/HONG KONG, March 5 (Reuters) – China said on Thursday it would inject 300 billion yuan ($44 billion) into state-owned banks this year to guard against systemic risks, and boost financing for …
China to inject $44 billion into state banks, boost tech financing
BEIJING/HONG KONG, March 5 (Reuters) – China said on Thursday it would inject 300 billion yuan ($44 billion) into state-owned banks this year to guard against systemic risks, and boost financing for …
China to inject 300 billion yuan into state banks, deepen reform of state financial firms
Chinese lenders have faced rising bad loans tied to struggling real estate developers and cash-strapped local governments Read more at The Business Times.
Trump’s China summit with Xi Jinping just got a lot more complicated
President Donald Trump’s looming meeting with China’s Xi Jinping will face new tensions after U.S.-Israeli strikes on Iran that killed its China-friendly supreme leader.
China Boosts Defence Spending 7% in Drive to Modernise by 2035
HONG KONG/TAIPEI, March 5 (Reuters) – China will boost defence spending by 7% in 2026, it said on Thursday, the lowest rate in five years but still outpacing wider economic growth targets and the …
China vows to tackle property crunch with city-specific policies
Chinese officials pledged to stabilise the real estate sector at a crucial political meeting, but stopped short of announcing major policies some economists think are needed.
Investors watch China’s ‘two sessions’ for clues on property overhaul
Investors and policy watchers will be looking to this week’s meetings of China’s national legislature and top political advisory body – also known as the “two sessions” – for signals on whether …