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Chinese economic growth among slowest in decades
Beijing (AFP) Jan 17, 2025 China posted one of its slowest rates of economic growth in decades Friday, as leaders nervously eye a potential trade standoff with incoming US president Donald Trump. Beijing has announced in recent months its most aggressive support measures in years in a bid to reignite an economy suffering on multiple fronts, including a prolonged property market debt crisis and sluggish consumer spending. However, calls for even further policy help came after official figures showed the Chinese economy gre ... read more |
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'No money': gloom on Beijing streets as economic growth slowsBeijing (AFP) Jan 17, 2025 Consumers pinching pennies, businesses seeing fewer customers, and a pervading sense that the economy just isn't bouncing back - the mood was grim in Beijing as China posted some of its lowest growth in decades. ... more 
Asian traders give mixed reaction as China's economic growth slowsHong Kong (AFP) Jan 17, 2025 Asian markets were mixed Friday as data showing China's economy grew slightly quicker than expected last year failed to inspire investors, with Beijing battling to revive consumption and boost the battered property sector. ... more 
US trade envoy finds China's shipbuilding policies warrant 'urgent action'Washington (AFP) Jan 17, 2025 The US Trade Representative said Thursday that its probe into China's practices in the shipbuilding, maritime and logistics sectors found that Beijing's undermining of fair competition warranted "urgent action." ... more 
US Treasury nominee says Trump can usher in 'economic golden age'Washington (AFP) Jan 16, 2025 Donald Trump's nominee for Treasury chief spoke Thursday of ushering in "a new economic golden age," as he faced grilling by lawmakers about the incoming US administration's agenda. ... more |
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Renewed US trade war threatens China's 'lifeline' Beijing (AFP) Jan 15, 2025 China might not be able to rely on trade to steer it out of trouble as blistering tariffs being considered by US President-elect Donald Trump threaten an already struggling economy. ... more
Asian markets mixed as traders eye US inflation data, earningsHong Kong (AFP) Jan 14, 2025 Asian markets diverged Tuesday as bargain buying after recent losses played against ongoing worries about the outlook for the global economy and the impact of a second Donald Trump presidency. ... more 
China's property giant Country Garden posts $24.3 bn loss for 2023Beijing (AFP) Jan 14, 2025 Country Garden, once China's largest property developer, reported losses of $24.3 billion in delayed 2023 financial results on Tuesday. ... more 
China 'discriminating' against European medical devices in tenders: EUBrussels, Belgium (AFP) Jan 14, 2025 The EU accused China on Tuesday of discriminating against European medical device producers in public contracts and warned of "decisive action" unless the issue can be resolved through dialogue with Beijing. ... more 
EU, China planning 2025 summit marking 50 years of ties: BrusselsBrussels, Belgium (AFP) Jan 14, 2025 The European Union and China are working to hold a summit this year, Brussels said Tuesday, after a phone call between one of its top officials and Chinese President Xi Jinping. ... more |
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US bans imports from dozens of Chinese firms on 'forced labor'
Washington (AFP) Jan 14, 2025 The United States said Tuesday that it is banning imports from dozens of China-based companies over alleged ties to forced labor, targeting firms in the mining, textiles and solar industries. The Department of Homeland Security said it was adding 37 entities to the Uyghur Forced Labor Prevention Act entity list, bringing its total to nearly 150. The additions mean goods wholly or partially made by these firms will be restricted from entering the United States. Through the action, "we again d ... read more 
China targets coupons and 'silver economy' to boost tourismBeijing (AFP) Jan 13, 2025 China announced on Monday new measures to promote spending in its culture and tourism sectors as its economy struggles to shake off sluggish consumption. ... more |
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China saw booming exports in 2024 as Trump tariffs loom Beijing (AFP) Jan 13, 2025 China's exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms. ... more
Markets track Wall St losses after blockbuster US jobs reportHong Kong (AFP) Jan 13, 2025 Asian and European markets sank Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while oil extended a rally sparked by new sanctions on Russia's energy sector. ... more 
China says US AI curbs 'flagrant violation of trade rules'Beijing (AFP) Jan 13, 2025 China said on Monday that new export rules on chips used for artificial intelligence unveiled by the United States were a "flagrant violation" of international trade rules. ... more 
UK finance minister begins China visit amid govt bond crisisBeijing (AFP) Jan 11, 2025 British finance minister Rachel Reeves began a visit to China on Saturday, seeking to revive dialogue with the world's number two economy as UK borrowing costs soar. ... more 
UK treasurer says London 'natural home' for Chinese financeBeijing (AFP) Jan 11, 2025 British treasurer Rachel Reeves said Saturday that London was a "natural home" for Chinese finance during a visit to Beijing in the shadow of bond market turmoil back home. ... more |
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