Travellers thronged railway stations and airports on Friday, clutching large suitcases and gifts such as boxes of fruit as they joined millions of Chinese returning to their hometowns to celebrate the Lunar New Year festival with family.
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.
Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.
China's slowing economy is still waiting for the promised government support to kick in. Senior economic and finance officials have told reporters in the last two weeks that fiscal support is in the works,
Donald Trump’s second term in office is getting off to a good start for China.
Stories of High-Quality Development | An open, cooperative China joins hands with the world for common development
Whether it is over TikTok, fentanyl or trade, Beijing might welcome a compromise to buy time to address its ailing economy and bolster its position globally.
China’s economy grew 5% in 2024, driven by stimulus measures, strong exports, and high-tech investment, despite challenges like weak domestic demand and demographic pressures. Structural reforms and targeted policies are essential for sustaining growth ...
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.
China does not seek trade surpluses, a top official told the World Economic Forum Tuesday as the next round of U.S. tariffs looms.
People shop for Spring Festival ornaments and decorations at a market in Nanjing, East China's Jiangsu Province on January 25, 2025. The 2025 Spring Festival will fall on January