China Violated Trade Deal
Digest more
The average price of new homes across 100 cities in China climbed 0.30% in May, suggesting supportive policies could be yielding some effect, according to a private survey released by property researcher China Index Academy on Sunday.
European companies are cutting costs and scaling back investment plans in China as its economy slows and fierce competition drives down prices, according to an annual survey released Wednesday. Their challenges reflect broader ones faced by a Chinese economy hobbled by a prolonged real estate crisis that has hurt consumer spending.
The Chinese economy slowed amid shocks from hefty U.S. tariffs, with growth in industrial production slowing from the prior month.
China is weighing new policy tools in the face of an international economic and trade order that is "under severe impact", Chinese Premier Li Qiang told a symposium with Chinese firms in Jakarta over the weekend.
Key economic indicators show China's economy slowing somewhat in April, with retail sales, property and investment coming in weaker than economists had forecast.
Defense Secretary Pete Hegseth says the United States will stand by its Indo-Pacific allies as they face increasing military and economic pressure from China. He called on Asian countries to boost their own military spending,
COLOMBO: China and Sri Lanka have taken steps to deepen economic and trade cooperation, signing key agreements and exploring additional investment opportunities during the 8th meeting of the China-Sri
U.S. Defense Secretary Pete Hegseth reassured allies in the Indo-Pacific that they will not be left alone to face increasing military and economic pressure from China.
Chinese Commerce Minister Wang Wentao has said China is willing to help Bangladesh improve its export capacity, promote the integrated development of trade and investment, jointly maintain the multilateral trading system and inject more stability and certainty into the world economy.
China's factory activity likely contracted for a second month in May, a Reuters poll showed on Friday, suggesting trade tensions with major export markets are weighing on manufacturers' minds as the world's top two economies seek a way out of a tariff war.