Tag: China

China economic growth accelerates to 5% in first quarter — but Iran war clouds outlook

China’s economy gathered steam in the first quarter, as robust exports offset sluggish domestic consumption, though an energy shock stemming from the Iran war threatens to sap global demand and undercut that momentum.

Trump threatens 50% tariffs on China as report suggests plans for arms shipment to Iran

U.S. President Donald Trump on Sunday threatened to impose a 50% tariff on China, after a report emerged that Beijing was preparing to deliver a shipment of new air defense systems to Iran.

China factory prices return to growth after 3 years, beating expectations on surging oil prices

China’s factory-gate prices rose for the first time in more than three years while consumer inflation moderated in March, amid a surge in oil prices as the Iran war upended global energy markets.

US, China seek to wrap Paris talks on managed trade, agriculture deals for Xi-Trump summit

Top U.S. and Chinese economic officials were due to ​conclude talks in Paris on Monday, with potential areas of agreement in agriculture, critical minerals and managed trade that could be taken up by U.S. President Donald ‌Trump and Chinese President Xi Jinping in Beijing, sources familiar with the discussions said.

China’s industrial output, retail sales growth beat expectations in January-February

China’s industrial output grew 6.3% in ​January-February from the same ‌period a year earlier, accelerating from the 5.2% pace ​in December, ​official data showed on Monday.

China consumer inflation hits three-year high as producer deflation eases

China’s consumer inflation recorded the biggest jump in more than three years, as an extended holiday bolstered spending while deflation in factory-gate prices moderated.

Germany’s Merz hails China ties as he seeks reset with Beijing

German Chancellor Friedrich Merz urged Chinese firms on Wednesday to step up investment in Germany but also called on Beijing to reduce market distortions as he began a visit aimed at resetting relations between the world’s second- and third-largest economies.

China consumer inflation rises less than expected in January as producer price deflation persists

China’s consumer inflation rose less than expected in January while the deflation in producer prices persisted, in a sign of continued deflationary pressure in the absence of stronger stimulus.

China Urges Banks to Curb US Treasuries Exposure on Market Risk

Chinese regulators have advised financial institutions to rein in their holdings of US Treasuries, citing concerns over concentration risks and market volatility, according to people familiar with the matter.

Russian oil sellers cut prices in China to attract demand as India wavers

Discounts on Russian oil exports to China widened to new records this week as sellers cut prices to lure demand from the world’s top crude importer and offset the likely loss of India sales, traders said.

China’s factory activity grows at fastest pace since October, private survey shows, beating official reading

China’s factory activity gathered speed in January, according to a private survey released Monday, as manufacturers accelerated production and front-loaded shipments ahead of the extended Lunar New Year holiday.

Trump launches $12 billion minerals stockpile to counter China, Bloomberg News reports

U.S. President Donald Trump is set to launch a strategic critical minerals stockpile with $12 billion in seed money, Bloomberg News reported on Monday, citing people familiar with the matter.

Carney says Canada not pursuing free trade deal with China as Trump threatens 100% tariffs

Canada has “no intention” of pursuing a free trade deal with China, Prime Minister Mark Carney said, after U.S. President Donald Trump threatened to slap punitive tariffs on Ottawa.

Exclusive-Britain, China to revive ’Golden Era’ business dialogue during Starmer visit, sources say

Britain and China will aim to revive a “golden era” business dialogue when Prime Minister Keir Starmer visits Beijing next week, three sources familiar with the initiative said, with top company executives from both sides invited to participate.

China economy poised to hit 2025 growth target despite weaker Q4, outlook darkens

China’s economic growth likely slowed to a three‑year low in the fourth quarter as domestic demand softened, and while the full‑year pace is ​set to hit close to Beijing’s target, trade tensions and structural imbalances pose significant risks to the outlook

China’s annual trade surplus hits a record $1.2 trillion, even as exports to U.S. decline by 20%

China’s exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high, while imports rose at their fastest pace in three months.

China inflation hits near three-year high in December as full-year CPI misses target

China’s consumer inflation accelerated in December to the fastest pace in nearly three years as spending picked up ahead of the New Year holiday, while factory-gate deflation remained entrenched, signaling that underlying demand stayed weak.

China manufacturing activity expands for the first time since March, beating expectations

China’s economy ended the year on a slightly less gloomy note, as factory activity expanded in December for the first time since March, beating expectations, according to official data released Wednesday.

China to cut VAT on short-term home sales to 3% from January 2026

China will reduce the value-added tax (VAT) on homes sold by individuals who have owned them for less than two years, according to an announcement from the finance ministry on Tuesday.

China Vows More Efficient Fiscal Spending to Support 2026 Growth

China will expand government spending and improve how it deploys capital in 2026 to balance supporting growth and containing debt risks.