China broadened a home appliance subsidy program just as inflation data showed continued weak consumer demand.
Naval commander Chen Ming-feng said Taiwan was "always ready to respond quickly and can handle any kind of maritime situation".
Taiwan has demonstrated its sea defenses against a potential Chinese attack as tensions rise with Beijing, part of a multitiered strategy to deter an invasion from the mainland
China’s currency has had a rough start to 2025. It is nearing a 16-month low and many economists predict it has further to fall.
So far, China has used carbon intensity — the amount of carbon dioxide emitted per unit of GDP — as its official target. It announced the metric in 2009, at the height of its economic growth, after facing pressur e to set a quantitative goal to curb its emissions. Its argument was that it was a target that wouldn’t constrain China’s growth.
It was almost a year before a handful of Chinese AI chatbots received government approval for public release. Some questioned whether China’s stance on censorship might hobble the country’s AI ambitions.
In August of that chaotic year for Asia’s biggest economy, President Xi Jinping’s team announced a nearly 3% downshift in the yuan’s value versus the dollar. Naturally, it caused pandemonium in world markets — at least briefly. The real fallout, though, was suffered by China itself, as huge waves of capital fled yuan-denominated assets.
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year, in an effort to revive sluggish domestic demand, an official policy document showed on Wednesday.
Before Congress adjourned for Christmas, congressional leadership had set ambitious goals to counter the Chinese Communist Party. Speaker Mike Johnson (R-LA) and Chairman John Moolenaar (R-MI) identified three China policy priorities to address: closing trade loopholes that provided a highway for Uyghur slave labor-produced goods to America,
Sales of electric and hybrid vehicles jumped more than 40 percent in China last year, as demand for new energy models continues to surge and the sector remains entrenched in a gruelling price war. But the world's largest automotive market has also seen fierce competition among domestic car manufacturers as a consumption slowdown fuels a price war that is weighing on profitability In 2024,
Nigeria and China plan to deepen cooperation in areas such as clean energy, defence and finance, with China pledging support for Nigeria's issuance of Panda bonds to fund infrastructure, the two countries' foreign ministers said on Thursday.
China's leaders are bracing for potential shocks to the economy from higher tariffs once U.S. President-elect Donald Trump takes office.