One company is already responding to President-elect Trump's proposed tariffs, which could result in higher prices for American consumers if retailers pass along added costs to shoppers.
Beijing has in recent months also announced a raft of measures aimed at boosting economic activity, including rate cuts and the easing of some home purchasing restrictions. China last week ...
Investment bank UBS cut its forecast for China’s economic growth next year due to the threat of steep US tariffs on Chinese goods under president-elect Donald Trump, although other global ...
China has unveiled an ambitious plan to relieve ... local authorities have in recent years turned to cost-saving measures like cutting civil servant salaries and pensions, suspending transport ...
China's local governments had an estimated 60.4 trillion yuan ($8.4 trillion) of debt hidden in LGFVs as of 2023, according to the International Monetary Fund. Why does hidden debt matter? Burdened by ...