China Stimulus Boosts Domestic Consumption as Trump Tariffs Loom
China entered the fourth quarter with a more balanced economy as consumption growth nearly caught up to factory output, in an upswing that now depends on how much more stimulus Beijing may deploy in the event of a tariff shock when Donald Trump returns to the White House in 2025.
As Trump Return Looms, China's Xi at APEC Criticises Protectionism
With Donald Trump's imminent return to the U.S. presidency looming over the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Chinese President Xi Jinping said on Friday that unilateralism and protectionism needed to be rejected in favour of economic globalization.
Trump’s stance on China looms over Biden’s meeting with Xi
President Joe Biden is set to meet with Chinese President Xi Jinping at an economic summit in Peru on Saturday. NewsNation Washington correspondent Kellie Meyer says the trip will likely be overshadowed by Donald Trump’s hard-line stance on China.
China to Retaliate If Trump Boosts Tariff, Says Ex-PBOC Official
China will fight back if President-elect Donald Trump follows through on his promise to impose a 60% tariff on Chinese imports, according to Zhu Min, a former top official at the Chinese central bank.
Not just China, these US allies too could suffer the most by Donald Trump's tariffs
President-elect Donald Trump has pledged to levy tariffs on imported goods as part of his second-term economic strategy.
How China is preparing for Donald’s Trumped-up tariffs
As China attempts to move towards a consumption-based economy, the Politburo is trying to eliminate economic drags before President-elect Donald Trump imposes tariffs. While the markets are pessimistic,
More stimulus is needed as spending is still too low to achieve its growth target, co-CIO Prince says
“Asia does present a unique diversification opportunity, particularly China,” Prince said, adding that the country is an ...
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Iron ore price flirts with key $100/T level on firm demand, China stimulus hopes
The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.87% higher at 761 yuan ($105.08) a metric ton. Analysts said near-term demand for the key ...
China’s Economy Forecast to Show Modest Pick-Up After Stimulus
China’s economy likely gained momentum last month, with early indicators pointing to a rebound after the government began ...
China unveils $1.4 trillion stimulus in effort to boost flailing economy
The outlook is grim for the world’s second largest economy, with growth slowing and the prospect of a new trade war following ...
China's Oct data shows soft economic underbelly, backs calls for more stimulus
China's factory output growth slowed in October and demand woes in the property sector showed few signs of abating even ...
U.S. oil benchmark settles below $70 a barrel on China stimulus disappointment
Oil futures settled at their lowest in nearly two weeks Monday following disappointing economic data from China, the world’s ...
China’s Steel Output Recovers as Market Responds to Stimulus
Chinese steel output recovered in October, snapping four months of declines, as sentiment brightens following Beijing’s ...
Oil falls on Chinese stimulus disappointment, supply outlook
Oil prices were little changed on Monday as the threat of supply disruptions from a U.S. storm eased and after China's ...
Asian Stocks Fall as China's Stimulus Plan Fails to Impress Investors
The package, which was approved Friday, was designed to alleviate local government debt but fell short of investor expectations.
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China Moves to Ease Debt Concerns—but Again Holds Off on Stimulus Measures
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks ...
Can China’s steel output sustain growth with new market stimulus?
China’s economy recovers with 5.6% retail growth and 4.3% industrial output in October, despite property and investment ...
Thai Economy Grows 3%, Beating Estimates on Exports, Stimulus
Thailand’s economy expanded faster than expected in the third quarter, driven by improving exports and and spending by the ...