China

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China May Raise Budget Deficit to Boost Economy in 2025

China's top leaders will meet at the Central Economic Work Conference next week to discuss 2025 policies, GDP targets, and economic stimulus plans amid US trade tensions.


Trump's Trade Chief May Revoke China's Trade Privileges With Stricter Export and Investment Controls

Trump's trade nominee Jamieson Greer plans bold measures to reduce US-China economic reliance through tariffs, export controls, and boosting domestic industries.

China Expands Visa-Free Access to 9 More Countries to Revive Economy

To revive its economy, China is expanding its visa-free entry program to 38 countries starting November 30, aiming to boost tourism, business, and improve diplomatic relations.

China Set to Introduce $283 Billion Stimulus This Weekend to Boost Consumer Spending and Provide Local Debt Relief

Investors are hopeful that China will announce a fiscal stimulus package of up to $283 billion to boost economic recovery and reduce reliance on debt-driven growth.


Latest News

China Cuts Off Trade with US Arms Suppliers for Selling Missiles and Jets to Taiwan
China has imposed sanctions on US companies selling arms to Taiwan, including trade restrictions and potential blacklisting, as tensions rise over Taiwan’s military acquisitions from the US.
CHINA-POLITICS-DIPLOMACY-QIN
China’s economic outlook is deteriorating, with lowered GDP growth expectations and housing, consumer spending, and industrial production issues.
China to Limit Exports of Antimony Used in Batteries and Weapons to Protect National Security
China will restrict antimony exports starting September 15, requiring licenses to safeguard national security and meet non-proliferation commitments.
Uniqlo and Nike Struggle in China as Shoppers Choose Cheaper Options
Due to economic challenges, Uniqlo, Nike, and other global apparel brands are struggling in China as consumers increasingly choose affordable, unbranded alternatives.
China Eyes 'Voluntary and Flexible' Retirement Age Increase to Address Aging Population
China's Communist Party is considering a gradual and flexible increase in the retirement age to address pension system pressures caused by an aging population and declining birth rates.
Chinese President Meets Vanuatu Prime Minister
President Xi Jinping announced strategies to strengthen the finances of China's indebted local governments, which include increasing their financial autonomy and opening infrastructure to private enterprises.
China Unaffected by Global Microsoft Outage, Thanks to Local Tech Investment
On July 19, a global Microsoft Windows outage disrupted foreign businesses and luxury hotels, but China’s key infrastructure remained largely unaffected, following the country’s push for tech self-sufficiency.
Robotaxi in China Pushes Local Government to Restrict Traditional Ride-Hailing Taxi
China's push to implement robotaxis gains favor from the public but sparks job security concerns among traditional taxi drivers, especially with Baidu's plan to expand its fully driverless fleet in major cities.
electric cars
European tariffs have reportedly slowed China's electric and plug-in hybrid vehicle export growth by 20-30% in recent months.
Tesla Makes Debut on Chinese Government Procurement List, a First for Foreign EV Brands
Tesla has achieved a milestone as the first foreign-owned electric vehicle brand to be included in a Chinese government procurement list.
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