Economy News China S Economy Faces A Lopsided Supply And Demand Problem That S Been Years In The Making
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China vows to boost consumption, better balance demand and supply
China's cabinet pledged on Friday to boost consumption by better aligning supply with demand and relying on consumption upgrades to drive industrial upgrades, according to a meeting readout aired by ... Read More
China’s Lopsided Growth Puts Spotlight on Xi’s Five-Year Plan
(Bloomberg) -- China’s factories kept the country on track to reach this year’s growth target, powered by an export boom that’s papering over deeper vulnerabilities as leaders meet to chart the nation ... Read More
China's economy jolted by weakest factory output, retail sales growth in over a year
The indicators pile pressure on policymakers to revamp the $19 trillion export-driven economy as a trade war with the U.S. and weak domestic demand heighten risks to growth. Read More
Trump bet China would face ‘tremendous difficulties’ without U.S. consumers—Beijing just focused on the rest of the world instead
At the beginning of his tariff standoff with Beijing, President Trump was confident in his strong hand. China’s economy was reliant on U.S. consumers, he said, and so it would have to make some ... Read More
China's leaders to discuss economic outlook next week amid rising U.S. tensions
As economic strains and pressure with the U.S. builds, China's Communist Party leaders will meet next week to discuss the country's economic path forward. Read More
China’s new 5-year plan: A high-stakes bet on self-reliance that won’t fix an unbalanced economy
Beijing has traditionally portrayed its five-year plans as a boon not only for China but for the world. The official narrative, echoed by state media, emphasizes that a stable, growing China remains ... Read More
China's next 5-year plan puts focus on tech and consumers as trade wars drag on economy
HONG KONG (AP) — China's leaders are vowing to reduce its reliance on foreign advanced technology and spur stronger domestic demand as it weathers “high winds” amid elevated trade tensions with the ... Read More
China’s economy slows as trade war takes its toll
BEIJING >> China’s economic growth slowed to the weakest pace in a year in the third quarter as fragile domestic demand left it heavily reliant on the humming of its exporting factories, stoking ... Read More
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