Economy News Chinese Leaders Vow To Prop Up Covid Battered Economy As Virus Spreads Reuters

Hong Kong leader to visit Beijing to discuss plans to revive economy

Hong Kong leader Carrie Lam will travel to Beijing next week for a three-day visit to discuss plans to revive the global financial hub's economy which has been battered by the COVID-19 pandemic and ... Read More

GLOBAL ECONOMY Asian factories continue recovery from COVID-19 woes as China booms

Asian factories continued to recover steadily in November thanks to a boom in economic powerhouse China, private surveys showed on Tuesday, offering hope the region was shaking off the drag from the ... Read More

China to set five-year plan for steering economy through choppy waters

China's top leaders will chart the country's economic course for 2021-2025 at a key meeting starting on Monday, seeking to balance growth and reforms to avoid stagnation amid an uncertain global ... Read More

Global economy's recovery hinges on stimulus, virus battle, officials say

Global finance leaders on Tuesday said the world economy had escaped a coronavirus-triggered collapse so far, but warned that failure to conquer the pandemic, maintain stimulus and tackle mounting ... Read More

Chinese President Xi pledges to import more as pandemic shakes global economy

China will import over $22 trillion worth of goods over the next decade, and the country is accelerating its opening up in spite of the global coronavirus pandemic, Chinese President Xi Jinping said ... Read More

Chinese factory, consumer activity slow amid economy struggles

BEIJING, China – China’s economy showed further signs of weakness last month, with key data Monday revealing factory output and consumption rising at their weakest pace for around a year. Beijing has ... Read More