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Chinese President Xi Jinping on Saturday (March 7, 2026) called on the PLA to enhance political loyalty after the recent purge of the top brass of the military, while a top General called on the defence personnel to resolutely obey the Chinese leader’s command. Meeting a largely condensed delegation of military officials of the People’s…
Chinese Premier Li Qiang gestures as he speaks during the opening session of the National People’s Congress (NPC) in Beijing | Photo Credit: AP China on Thursday (March 5, 2026) lowered its GDP target to 4.5-5% for this year in the face of Donald Trump’s trade tariff war, the worsening global crisis following the US-Iran…
Read More “China lowers economy growth target to 4.5-5% amid global, domestic uncertainties” »
Beijing: China is expanding its consumer trade-in scheme to revive demand in the sluggish household sector. The move includes adding more home appliances to the list of products eligible for trade-in and offering subsidies for digital goods. Microwave ovens, water purifiers, dish-washing machines, and rice cookers are among the new additions to the scheme. Consumers…
Read More “How China Is Using Its Rice Cookers And Dish Washers To Save The Economy” »
China, the world’s second biggest economy, has been struggling to emerge from three years of pandemic isolation. On Tuesday it announced an expansion of its visa-free transit policy, allowing eligible foreign travelers, including Americans, to stay in parts of the country for up to 10 days. This move aims to attract more overseas visitors and…
Read More “China Gives Tourism Push To Economy With Extended 10-Day Visa Free Transit” »
With exports outpacing imports, China’s trade surplus rose to USD 97.4 billion. File (Representational image) | Photo Credit: Reuters China’s exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost the economy after the shocks of the COVID-19…
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China’s factory output growth slowed and missed expectations in July. File | Photo Credit: Reuters China’s factory output growth slowed and missed expectations in July, adding to a series of indicators that show the world’s second-largest economy is struggling to kick into a higher gear, even with recent government support. Industrial output grew 5.1% from…
Read More “China’s factory output disappoints, dashing hopes for speedy recovery” »
A statement issued after the meeting of Polit Bureau of China’s ruling Communist Party said coming months would be tough. | Photo Credit: AP China’s powerful Polit Bureau (PB) has endorsed the ruling Communist Party’s long-term strategy for growing the economy by encouraging more consumer spending and weeding out unproductive companies to promote “survival of…
Read More “China’s top leaders vow to improve confidence in its slowing economy” »
Headquarters of the People’s Bank of China in Beijing, China. File | Photo Credit: Reuters China surprised markets by lowering a key short-term policy rate and its benchmark lending rates on July 22, in an attempt to boost growth in the world’s second-largest economy. The cuts come after China reported weaker-than-expected second-quarter economic data last…
Read More “China cuts to key rates to in a bid to support economy” »
In this photo released on July 18, 2024, by Xinhua News Agency Chinese President Xi Jinping speaks at the third plenary session of the 20th Communist Party of China (CPC) Central Committee held from July 15 to 18 in Beijing. China’s ruling Communist Party wrapped up a top-level meeting by endorsing policies aimed at advancing…
Read More “China’s leaders vow to fight ‘risks’ plaguing economy” »
Chinese security monitors a checkpoint as the Communist Party’s Central Committee holds its third plenum meeting in Beijing, China, on July 15, 2024. | Photo Credit: AP China posted lower than expected growth in the second quarter on July 15, with all eyes on how top officials gathering for a key meeting in Beijing might…
Read More “China posts disappointing growth as officials hold key ‘Third Plenum’ meeting” »
