Yet, China’s green push sits uneasily with its energy realities: coal still provides about 51% of its electricity as of ...
China has recorded a $1 trillion trade surplus for the first 11 months of the year, despite the imposition of tariffs by US President Trump, but all is far from well in its internal economy. The ...
China’s Xi faces a slowing domestic economy even as trade talks with President Trump loom. Weak consumption, investment and property woes complicate Beijing’s strategy to rebalance growth while ...
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A New Challenge for China’s Economy: ‘Involution’
China is gripped by an insidious problem that is eroding its economy: It is trapped in a cycle of competition so fierce that it is destroying profits, driving a brutal rat race among workers and ...
The Chinese government is taking steps to rein in what it calls “involution,” or excessive competition that is hurting local companies and fueling the country’s deflationary spiral. Auto parts inside ...
China has just crossed a threshold no other major economy has reached, turning a year of global uncertainty into a historic windfall. Its trade surplus has surged past one trillion dollars even as ...
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Countries worldwide are buying more than ever from China, but domestic consumption is lagging and government stimulus efforts aren’t working. By Alexandra Stevenson Reporting from eastern China, ...
BEIJING, Dec 31 (Reuters) - China’s state planner has released early investment plans for 2026, including two major construction projects, involving about 295 billion yuan ($42.21 billion) in central ...
Treasury Secretary Bessent details Trump administration's plan to tackle China's economic imbalances
Treasury Secretary Scott Bessent said on Thursday that trade relations between the U.S. and China are stabilizing such that the Trump administration can turn some of its focus to broader economic ...
Trump and Xi agreed to a one-year trade truce, easing tariffs and controls, though China’s deeper economic troubles are far from resolved. President Donald Trump and Chinese leader Xi Jinping agreed ...
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