China, economy and Trump
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BEIJING (Reuters) -Chinese state firm employee Zhang Jinming makes up for a 24% cut to his salary by delivering food for three hours every night after work and on weekends - and hopes he can avoid awkward encounters with colleagues.
China has reported that its economy slowed in the last quarter as President Donald Trump's trade war escalated, but it still expanded at a robust 5.2% pace.
China's economy slowed less than expected in the second quarter of financial year 2025 (2Q25) in a show of resilience against US tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.
China’s economy slowed less than expected in the second quarter in a show of resilience against U.S. tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.
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ABP News on MSNChina’s Economic Growth Slows As Domestic Demand Weakens And Trade Tensions ResurfaceWhile the GDP rose 5.2 per cent year-on-year between April and June, the figure reflects a slight deceleration from the 5.4 per cent growth posted in the first quarter, reported Reuters.
Li and Albanese also signed an agreement to kickstart a review of the 10-year-old free trade agreement between the two nations.
Private firms, weaker growth and limited fiscal space will make it difficult for Beijing to rein in ‘neijuan’, analysts say.
BEIJING -- China's national economic development zones serve as powerful engines for regional growth, driving industrial advancement across both prosperous and less-developed regions, according to a guest speaker on the latest episode of the China Economic Roundtable, the all-media talk show hosted by Xinhua News Agency.