China’s way to drive economic growth is getting consumers to unleash $20 trillion of rainy-day savings, says Alibaba chair Joe Tsai
Tariffs and geopolitics mean China can't count on export for growth anymore but restoring consumer confidence could allow ...
China orders banks to boost lending, credit card use to get consumers to spend more
China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part ...
China Daily2h
China's consumption boost drives economic recovery
Consumption is critical to transitioning China from the old model driven by investment and infrastructure to a new economy that will further elevate the country. This trend has already been observed ...
Xi’s Message: The Economy Is Strong, and China Won’t Back Down
As Chinese leaders meet in Beijing, they are striking a confident posture despite serious challenges to the economy and ...
China’s shipbuilding dominance poses economic and national security risks for the US, a report says
A report details how China in two decades has grown to be the dominant global player in shipbuilding, dwarfing the U.S., ...
Bank of China sets up $7 billion fund to support technology development
Bank of China has set up a 50 billion yuan ($6.9 billion) fund to invest in technology startups, state media CCTV reported, ...
Independent Journal Review7d
Xi Privately Worries China’s Economic Party May Be Over Amid Trump’s Reshaping Of World Order
Chinese President Xi Jinping has been secretly worried in recent months that his country’s global influence as one of the ...
China, Russia and Iran call for end to US sanctions on Iran and the restart of nuclear talks
China and Russia are both permanent members of the U.N. Security Council, along with France and Britain, that took part in ...
Economic Expert: China is laughing all the way to the bank on Trump’s tariff policy
Rana Foroohar and Shermichael Singleton debate the merits and the end game of President Trump’s tariffs. Foroohar says she ...