China, trade surplus
Digest more
According to the World Bank’s latest China Economic Update, Advancing Reforms, Enhancing Prospects, growth is estimated at 4.9% in 2025 and projected at 4.4% in 2026, as existing headwinds are expected to persist.
China's premier says higher tariffs have dealt a “severe blow” to the world economy, even as China's own trade surplus has surged past $1 trillion.
IMF managing director Kristalina Georgieva has said that China needs to fix “significant” imbalances in its economy, including deflation that has driven a depreciation of the renminbi and boosted exports at a time of rising trade tensions.
CSI 300 climbs on China’s economic resilience, IMF growth upgrades, and renewed stimulus signals, while the Hang Seng lags amid weak technical momentum.
On a visit to Beijing, the economist urged the government to get people spending more.
China is confident of achieving its economic goals amid challenges and headwinds, Chinese Premier Li Qiang said Tuesday, according to state media. Li made the remarks while holding the "1+10" Dialogue with heads of major international economic organizations in Beijing, according to Xinhua News Agency.
The New Republic on MSN
The Bard of China’s Gig Economy
They came to Beijing because they had dreams of making a better living, because the fields back home no longer yielded enough to live on, because a cousin had found them a bunk and a lead on a factory job,