China's economy meets official growth target, but many feel worse off
China's economy grew 5% last year, matching the government's target, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its industrial and export gains to consumers.
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 Meets 2024 Growth Target Of ‘Around 5%’ After Stimulus Measures
China’s economy expanded 5% in 2024, meeting the official target of “around 5%” growth after stimulus measures introduced late last year appear to be working.
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 growth reaches official target as economic conditions trend down
There are increasing doubts about government statistics with many estimates that the growth rate is around half the official level.
Is China’s GDP Growth Only 2%? Donald Trump Might Want To Find Out
Gao’s sin? Saying that China may have grown just 2% over the last two or three years, less than half the rate Xi’s government claims. The reason Gao is allegedly being silenced is for shining a brighter-than-usual spotlight on one of the biggest perception problems facing Xi’s Communist Party: that China routinely cooks the GDP books.
IMF says China's economic growth of 5% in 2024 was 'positive surprise'
China notified the International Monetary Fund on Thursday that its economy grew by 5% in 2024, IMF Chief Economist Pierre-Olivier Gourinchas told reporters, calling the development a "positive surprise" compared to the IMF's forecast of 4.
Stock market today: World shares are mostly higher; China's economy hits 5% growth target
European shares were higher Friday after a mixed session in Asia, as China reported that its economy grew at a 5% annual pace last year, hitting the government’s target but slowing from the year before.
China Says It Hit 5% 2024 GDP Growth Target
KEY TAKEAWAYS China met its annual 5% GDP growth target for 2024, thanks to the stimulus measures that buoyed economic activity in the fourth quarter.According to the country's National Bureau of Statistics,
China's 2024 economic growth beats IMF expectations at 5%
Pierre-Olivier Gourinchas, the chief economist at the International Monetary Fund, highlighted during a Friday meeting with the media that the 5% GDP growth of the Chinese economy in 2024 was a "positive surprise.
China's 2024 growth surpasses IMF expectations by 5%
Pierre-Olivier Gourinchas, chief economist of the International Monetary Fund, during a Friday meeting with the media, emphasized that the 5% GDP growth of the Chinese economy in 2024 was a "positive surprise.
China’s Economy Is Terrifying the Middle Class. They’re Sending Savings Abroad.
Now, while Covid has receded in the rearview mirror of most Chinese, the term has gained new life as China’s economy ...
China's Economy Faces Historic Setback Not Seen in Over Half a Century
Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.
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.
China hit its economic goals in 2024 despite a consumer spending problem
In a news release on Friday morning, China's National Bureau of Statistics reported its economy grew 5% in 2024 from a year ...
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two ...
Three reasons Trump tariffs aren't China's only problem
Here are three reasons why Xi has bigger challenges than Trump's tariffs: There is a growing chorus of warnings that China's economy will slow in 2025. One major driving factor of last year's growth ...
China's economy is waiting for more stimulus. Here's how the country plans to boost growth
China's slowing economy is still waiting for the promised government support to kick in. Senior economic and finance ...
China Says Economy Grew 5% Last Year, Driven by Exports
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports ...