China said Thursday that an investigation had found the European Union imposed unfair “trade and investment barriers” on Beijing, marking the latest salvo in long-running commercial tensions between the two economic powers.
China’s Consumer Prices Eked Out Growth in 2024
It was almost a year before a handful of Chinese AI chatbots received government approval for public release. Some questioned whether China’s stance on censorship might hobble the country’s AI ambitions.
As the clock struck midnight on New Year’s Eve, Chinese President Xi Jinping delivered a speech full of communist triumphalism and ideological zeal. He touted the China plan as “an epic change the world hasn’t seen in a century,
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year, in an effort to revive sluggish domestic demand, an official policy document showed on Wednesday.
So far, China has used carbon intensity — the amount of carbon dioxide emitted per unit of GDP — as its official target. It announced the metric in 2009, at the height of its economic growth, after facing pressur e to set a quantitative goal to curb its emissions. Its argument was that it was a target that wouldn’t constrain China’s growth.
In August of that chaotic year for Asia’s biggest economy, President Xi Jinping’s team announced a nearly 3% downshift in the yuan’s value versus the dollar. Naturally, it caused pandemonium in world markets — at least briefly. The real fallout, though, was suffered by China itself, as huge waves of capital fled yuan-denominated assets.
China's leaders are bracing for potential shocks to the economy from higher tariffs once U.S. President-elect Donald Trump takes office.
China's foreign ministry said on Wednesday it was not aware of Shandong Port Group's decision to ban U.S.-sanctioned vessels from its network of east coast harbours. The group oversees several major terminals in the province of Shandong,
The move comes as Beijing intensifies efforts to convince cautious households to spend as rising external uncertainties threaten exports’ ability to prop up economic growth.
With profound changes unseen in a century, the world has entered a new period of turbulence and change. China and the U.S., whose relationship is one of the most important bilateral relations in the world,
While there is no move yet to grant official recognition to the Taliban government, this is an effort by India to secure its own national and security interests with many moving parts in play.