China’s economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5%” growth in the GDP this year, the government said Thursday. The estimate for …
China raises its estimate for the size of its economy in 2023
China’s economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5%” growth in the GDP this year, the government said Thursday. The estimate for …
Oil prices edge higher on hopes for more China stimulus
Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer, while an anticipated decline in U.S. crude …
How China turns members of its diaspora into spies
But it has also been pursuing a more subtle campaign, one that involves bribery, blackmail and secret deals, and which uses people such as Mr Tang and other members of the Chinese diaspora to carry …
US legal industry’s China retreat gained steam in 2024
Major U.S. law firms scaled back from Greater China’s legal market at a rapid pace in 2024, highlighting an uncertain future for foreign firms in the world’s second largest economy.
Trump’s defense policy pick once called for the US to destroy TSMC if China takes Taiwan
“Disabling or destroying TSMC is table stakes if China is taking over Taiwan,” former senior Pentagon official Elbridge Colby said in February.
China resumes routine inspections of Australian lobster
China’s commerce ministry on Thursday said it has resumed regular quarantine inspections for lobsters imported from Australia, effectively restoring shipments that had been disrupted since late 2020 …
China’s average housing rent slump to 4-year low in November amid persistent supply gluts
Average housing rents in Chinese cities slid to a four-year low in November due to supply gluts and job market weakness, potentially prolonging the country’s property price slump, according to Nikkei …
World bank raises China’s GDP forecast for 2024, 2025
China’s GDP growth is now expected at 4.9% in 2024 versus … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals …
China’s first batch of 2025 fuel export quota flat compared to a year ago
State-owned oil firms Sinopec and CNPC, the key receivers of these quotas, were given combined allowances of 13.34 million tonnes, or 70 per cent of the 19 million tonnes …