Economy

Foreign Investors See Uptick in Consumer Spending and Eased Access to Capital in China Post-Stimulus

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China’s recent economic stimulus efforts have created a cautiously optimistic environment for major foreign investors, with reports indicating a slight uptick in consumer spending, easier access to capital, and potential openings for broader structural changes, according to international business groups. Following China’s surge of stimulus measures, some American retailers are reporting an increase in spending … Read more

China’s Recent Stimulus Push Sparks Market Optimism and Speculation Over Future Moves

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China’s recent flurry of stimulus measures, introduced in rapid succession over the past month, has injected new life into markets and raised widespread expectations for additional economic interventions. After months of relative inaction, Beijing’s policymakers have signaled a shift toward more proactive measures aimed at boosting the world’s second-largest economy. Experts are interpreting this sudden … Read more

Guangdong’s Economic Growth Falls Behind National Average Amid Property Market Crisis

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Guangdong province, historically a key driver of China’s economic growth, has continued to lag behind the national average in terms of gross domestic product (GDP), with the gap widening further due to an ongoing property market crisis and uneven performance across its cities. For the first three quarters of the year, Guangdong’s GDP grew by … Read more

Tapestry of Xizang’s poverty eradication

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This year marks the 30th anniversary of the country’s implementation of paired-up assistance in Southwest China’s Xizang Autonomous Region. The coordinated support for Xizang was a major strategic decision by the central government that has had a profound impact and made notable contributions to poverty alleviation efforts in the region. Stepping into the homes of … Read more

China’s Strategic Economic Realignment: Strengthening Fiscal Policy for Long-Term Growth

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Amid growing global uncertainties and ongoing domestic challenges, China is moving forward with strategic adjustments to its financial and fiscal systems, shifting focus from short-term stimulus to long-term economic sustainability. While the market continues to speculate on the size of potential economic stimuli, Chinese policymakers are quietly reshuffling their approach, aiming to curb risks and … Read more

EU-China Trade War Looming Amid Tensions Over Tariffs and Exports

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A full-scale trade war between the European Union (EU) and China is becoming “unavoidable” if current trends persist, warns Jens Eskelund, chairman of the European Union Chamber of Commerce in China. Speaking in Brussels, Eskelund emphasized that China’s own policies are driving the escalation and rejected the notion that China is the “victim” in this … Read more

China’s youth unemployment hits new high as fresh graduates flood market

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China’s revised youth unemployment rate rose to the highest level since the data set was reintroduced last year, as career prospects for young people dimmed amid the ongoing economic downturn. The jobless rates for the 16-24 age group, excluding students, rose to 18.8 per cent in August, the National Bureau of Statistics said on Friday, … Read more

China Achieves Net Increase in Farmland for Three Consecutive Years

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China has recorded a net increase in the total area of farmland for three consecutive years, reversing a long-standing trend of shrinking arable land, according to an announcement by the Ministry of Natural Resources on Thursday. Since 2021, the country’s farmland has expanded by 17.58 million mu (approximately 1.17 million hectares), stated Liu Guohong, vice … Read more

China’s Economic Struggles in August Prompt Urgent Calls for Stimulus Measures

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China’s economic challenges deepened in August, with consumption, industrial activity, and investment all showing signs of continued softening. Economists are increasingly warning that time is running out for significant government stimulus to revitalize growth and ensure the nation meets its annual economic targets. The urgency for action has been heightened by the new barriers facing … Read more

US Tightens Trade Rules on Chinese E-Commerce Giants Shein and Temu

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The White House has introduced new trade measures aimed at curbing low-value imports from Chinese e-commerce platforms such as Shein and Temu. These actions are part of a broader effort to reduce the scope of items eligible for duty and tax exemptions while imposing significant tariff increases on billions of dollars worth of Chinese imports. … Read more