China opposes US tariffs on India
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China has reported its economy showed signs of slowing in July as factory output and retail sales slowed while housing prices fell further.
Pakistan and China pledged to expand economic cooperation and investment under the China-Pakistan Economic Corridor, a flagship program of China’s Belt and Road Initiative, officials said. Chinese Foreign Minister Wang Yi met with his Pakistani counterpart,
China regulates accountancy, law, retail and even estate agents more tightly than the average member of the OECD, a club of mostly rich democracies. And China’s urban sprawl makes it difficult to reap the economies of density that big cities usually provide.
China's stands at 84 percent, buoyed by debt-driven growth in the 2010s and a housing market crunch that heavily indebted local governments. London-based global advisory firm Oxford Economics estimates the Chinese economy's potential growth could be cut roughly in half by the 2050s.
Chinese Ambassador Xu Feihong said that the US had long benefited from free trade but was now using tariffs as bargaining chips. He stated that the US had imposed tariffs of up to 50% on India and that China firmly opposed it.
IN RECENT years China’s economy has obeyed a three-act dramatic structure, recognisable to any playwright. Growth starts the year brightly, suffers troubling setbacks as spring turns to summer, then prevails in the end, after a hurried government ...
Policymakers are under pressure to roll out more stimulus to revive domestic demand and ward off external shocks to the $19 trillion economy.
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China’s export resilience and policy support, together with strong growth in India, will underpin future commodity demand despite an uncertain global outlook, according to BHP Group Ltd.
Analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.
China’s economy is stuck in a rut. Beijing’s steady incremental stimulus fuels growth spurts that have proven to not be sustainable.
Few commodities tell the story of China’s 21st-century economy better than humble cement, and its current output slump illustrates the depth of the nation’s building slowdown after the frenzy of the previous decade.