China’s way to drive economic growth is getting consumers to unleash $20 trillion of rainy-day savings, says Alibaba chair Joe Tsai
Tariffs and geopolitics mean China can't count on export for growth anymore but restoring consumer confidence could allow ...
China Daily1h
China's consumption boost drives economic recovery
Consumption is critical to transitioning China from the old model driven by investment and infrastructure to a new economy that will further elevate the country. This trend has already been observed ...
China orders banks to boost lending, credit card use to get consumers to spend more
China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part ...
Xi’s Message: The Economy Is Strong, and China Won’t Back Down
As Chinese leaders meet in Beijing, they are striking a confident posture despite serious challenges to the economy and ...
Bank of China sets up $7 billion fund to support technology development
Bank of China has set up a 50 billion yuan ($6.9 billion) fund to invest in technology startups, state media CCTV reported, ...
China’s shipbuilding dominance poses economic and national security risks for the US, a report says
A report details how China in two decades has grown to be the dominant global player in shipbuilding, dwarfing the U.S., ...
Economic Expert: China is laughing all the way to the bank on Trump’s tariff policy
Rana Foroohar and Shermichael Singleton debate the merits and the end game of President Trump’s tariffs. Foroohar says she ...
Opinion
America needs a national economic security strategy to counter China’s rise
The United States needs a National Economic Security Strategy to protect and utilize its economic tools and assets in order to maintain geopolitical competitiveness and deter the China’s ...
Consumer prices fell in China in February and remain flat in a sluggish economy
Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the ...