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China expected to hit 2024 GDP target
China’s economy grows more than expected. But fears of Trump tariffs loom
China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect Donald Trump, who takes office next week.
China expected to hit 2024 GDP target, but tariffs loom
China's economy likely rebounded in the fourth quarter as several rounds of policy stimulus kicked in, enabling the government to largely meet its 2024 growth target, though the risk of new U.S. tariffs could hold back a broader recovery.
China reports 5% GDP growth for 2024, meeting its official target
China reported its economy grew 5% in 2024, meeting its target of around 5%. Analysts polled by Reuters had expected China's full-year GDP growth to come in at 4.9%, just shy of the official target of around 5% — which analysts had said was ambitious.
China, Trump and World Trade Organization
US-China Trade Fight Starts Early, Paving Way for Trump Tariffs
Even before Donald Trump takes office on Monday, trade tensions between the world’s biggest economies are already heating up.
Trump Tariffs Will Not Tame China’s Trade Surplus
Correcting the major imbalances in the global economy will require collaborative international action. If he wants results, Trump will need to rein in his penchant to go it alone.
Trump, China's Xi hold call on TikTok, trade, Taiwan
U.S. President-elect Donald Trump and Chinese President Xi Jinping discussed issues including TikTok, trade and Taiwan in a phone call on Friday, just days before Trump takes office again promising tariffs that could ratchet up tensions between the world's two biggest economies.
19h
on MSN
China Has a $1 Trillion Head Start in Any Tariff Fight
As Donald Trump prepares for his second term, China’s dominance of global manufacturing is greater than ever.
21h
on MSN
Three reasons Trump tariffs aren't China's only problem
The US, Canada and the European Union have accused China of making too many goods and imposed tariffs on Chinese imports to ...
8m
Retail CEOs wrestle with potential rising costs as new Trump tariffs loom
Dollar Tree CEO Michael Creedon said at its third quarter earnings call that the team can mitigate risk based on its ...
1d
Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"
Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...
8h
The ‘Trump bump’ has survived tariff announcements—but will it survive the good, the bad, and the unknown in his cabinet?
Trump's picks fit into three groups: the fortifiers (the good), the detractors (the bad), and the mercurial influencers who ...
2d
on MSN
Trump’s tariffs brought China and Mexico closer. Will his second term change that?
China has strengthened trade with Latin America at the expense of the U.S. But Donald Trump, who threatens to raise tariffs ...
6h
Impact of Trump’s proposed tariffs on home insurance
If the Trump administration makes good on its promise to boost tariffs, which are taxes on imported goods, look for the tax ...
15h
on MSN
US Probe Opens Door to Tariffs Over China Shipbuilding Subsidies
A US government investigation concluded that Chinese subsidies unfairly benefit the nation’s shipbuilding industry and harm ...
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