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China Reiterates Goal to Keep Yuan Stable as Pressure Grows
The People’s Bank of China emphasized its goal to keep the yuan stable, as the currency hovers near a record low in offshore trading amid headwinds from a slowing economy. Read More
China’s Economy Is Burdened by Years of Excess. Here’s How Bad It Really Is.
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad. Read More
China's key economic gauges slowed in November despite stimulus
HONG KONG -- China's key economic gauges for November came in below expectations, indicating that the economy struggled to find a firm footing despite a range of stimulus measures introduced since ... Read More
China’s economy took centre stage in Xi’s new year address, spinning slow growth as a ‘remarkable’ achievement
The mainstay of Xi’s address concerned the economic success of China. He stressed that the Chinese economy is thriving, and explained that China’s total GDP is soon expected to surpass 130 trillion ... Read More
China raises its estimate for the size of its economy in 2023
BANGKOK (AP) — China's economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5%” growth in the GDP this year, the government said Thursday. Read More
Three Issues That Could Shake China's Vulnerable Economy in 2025
This year will serve as a critical proving ground for the long-awaited stimulus measures unveiled by Beijing in recent months. Read More
Does China have the fiscal firepower to rescue its economy?
The likely aim of China’s fiscal push is to bolster the confidence of households, according to Mr Zook. The more of their income households spend, the less the state will have to do to prop up demand. Read More
China's economic stimulus measures since September
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 ... Read More
China economy meltdown as shoppers stop buying clothes and alcohol
China’s economy is grappling with multiple problems including a property crisis and youth unemployment and despite it being the most festive time of the year shoppers have stopped buying an ... Read More
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