China sticks to an economic growth target of ‘around 5%’ despite a looming trade war with US
BEIJING (AP) — The Chinese government unveiled an annual economic growth target of “around 5%” on Wednesday, despite the possible negative impact of a looming trade war with the United States, and pledged to address what it called “sluggish” consumer spending at home.
China's growth goal will need much stronger stimulus if U.S. trade war intensifies, economists say
Economists say that Beijing may hold off on major stimulus measures until later in the year if growth slows or trade tensions escalate further.
China Sets 2025 GDP Growth Target At ‘Around 5%’ Amid Major Challenges
China set its economic growth target at “around 5%” for 2025, the same as last year and in line with market expectations.
China defies Trump’s trade war by setting ambitious 5% growth target, vows to ‘prevail over any difficulty’
China has set an ambitious target of “around 5%” growth for 2025, in a defiant show of confidence as it braces for the fallout from escalating American tariffs on its export-driven economy.
VIDEO: China to ramp up government spending in response to looming US trade war
Follow the latest news headlines from Australia's most trusted source. Read in-depth expert analysis and watch live coverage on ABC News.
China Slams US Tariffs, Says Its Economy Is Resilient but There Are No Winners in a Trade War
China's commerce minister says Beijing will not yield to bullying and its economy can weather tariffs and other challenges, though there are “no winners in a trade war."
China’s legislature projects economic strength amid possible U.S. trade war
China’s leadership is projecting economic strength during legislature meetings amid a possible trade war with the U.S. NBC News’ Janis Mackey Frayer reports from Beijing on the Chinese leadership legislature meetings that are mostly ceremonial.
China’s Economic Plan Is Light on Detail as Trade War Intensifies
The country’s top leaders set an optimistic growth target but gave few hints of how to achieve it as their export-led strategy is challenged by rising tariffs on Chinese goods.
Army Technology on MSN2d
China increase defence spending for the third year in a row
Sensing a perceived threat from the US, China’s State Council’s decision to raise defence spending by 7.2% is unfounded.
China will increase its defense budget 7.2% this year
China says it will increase its defense budget 7.2% this year as it continues its campaign to build a larger, more modern ...
China to raise defense spending by 7.2% in 2025 to ‘firmly safeguard' national security
China on Wednesday announced it would raise its defense spending by 7.2% this year, seeking to safeguard its security amid ...
CNA2d
China to increase government spending in science and technology by 10% to US$55b
In his speech at the opening of the National People's Congress, Chinese Premier Li Qiang announced plans to increase government spending in science and technology by 10%. Over 398 billion yuan, or ...
China's exports and imports weaken in Jan-Feb as demand slides amid global trade uncertainty
China has reported that its exports rose a less-than-expected 2.3% in January and February from a year earlier while imports ...
The Financial Times13d
China government spending on citizens lags behind economic peers
Check your internet connection or browser settings. Analysis of the data showed government spending on individual consumption in China, which is classified as an upper-middle income country by ...
China to boost defence budget by 7.2% to challenge US in Asia
Beijing's increase in military spending reflects an overall slowdown in the economy but keeps pace with the fast-changing ...