China plans to strengthen its economy for this year. The country will focus on providing durable goods for consumers and equipment for businesses.
China is implementing measures to boost its economy in 2025, including increased ultra-long treasury bond funding, interest rate cuts, and financial aid programs for durable goods and business equipment upgrades.
The government aims for 5% growth for 2025, while accepting a budget deficit of 4% of GDP, despite challenges such as the property crisis and potential U.S. tariffs.
China's Vice Secretary of the National Development and Reform Commission, Yuan Da, expressed optimism about the country's economic recovery for this year.
Millions of government workers received wage increases averaging 500 yuan, approximately $70 per month from July 2024, injecting an estimated $12–20 billion into the economy.
These pay raises aim to stimulate spending, though some critics question their focus on civil servants, arguing that the move may damage private sector.
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China’s newest aircraft carrier Fujian has completed its first full training voyage after conducting electromagnetic launch and recovery drills with advanced combat and support aircraft.
Mainland China and Hong Kong equities slipped on Tuesday, Reuters reported, as investors grew cautious ahead of delayed U.S. economic data expected to clarify the Federal Reserve’s policy outlook.
China's Foreign Minister Wang Yi on Tuesday talked up "high-level exchanges" in a call with Japanese counterpart Toshimitsu Motegi, hinting at a potential meeting between Chinese President Xi Jinping and Japan's new premier, Sanae Takaichi.
Around 50 tourism companies attended the "China Visitors Summit" in Baku on Sunday (17 November). The event, organised by the State Tourism Agency, was the first time it was held in Azerbaijan's capital, and brought together representatives from the tourism industries from both countries.
Thousands of users in the United States, some parts of Europe and South America on the X (formerly twitter) platform have reported being unable to access the site due to Cloudflare outage.
Ukraine is facing a sharp escalation in fighting across several fronts, with Russian forces launching large-scale offensive operations while Kyiv intensifies long-range strikes deep inside Russian territory.
Emirates Airline is confident in Boeing’s plans for a larger 777X and has ruled out ordering Airbus’s A350-1000 at the Dubai Airshow.
Far-right candidate José Antonio Kast is gaining momentum ahead of Chile’s 14 December runoff, despite trailing slightly behind Communist-backed Jeannette Jara in the first round of voting.
China's Foreign Minister Wang Yi on Tuesday talked up "high-level exchanges" in a call with Japanese counterpart Toshimitsu Motegi, hinting at a potential meeting between Chinese President Xi Jinping and Japan's new premier, Sanae Takaichi.
Mainland China and Hong Kong equities slipped on Tuesday, Reuters reported, as investors grew cautious ahead of delayed U.S. economic data expected to clarify the Federal Reserve’s policy outlook.
A federal jury in California ruled on Friday that Apple must pay $634 million to Masimo, a medical-monitoring technology company, for infringing a patent related to blood-oxygen reading technology.
Wall Street closed sharply lower on Thursday, dragged down by steep losses in Nvidia, Tesla, and other artificial-intelligence heavyweights, as investors dialed back expectations for further Federal Reserve interest-rate cuts amid renewed inflation concerns and mixed signals from policymakers.
Russia’s budget deficit reached 4.2 trillion rubles (around $51.9 billion) in the first ten months of 2025, driven by rising government spending, according to data from the Finance Ministry released on Tuesday.
Wall Street climbed sharply on Monday, with Nvidia up 5.8% and Palantir 8.8%, as artificial intelligence (AI) stocks rebound and progress in Congress raises hopes of ending the U.S. government shutdown.
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