China sets GDP target at 5% and raises budget deficit level as trade war intensifies
China sets its GDP growth target at 5% for 2025, unchanged from last year, despite rising risks of trade tariffs. View on euronews ...
Hosted on MSN17d
China boosts budget deficit target to 'around 4%' of gross domestic product in a rare move
BEIJING — China on Wednesday announced plans to raise its fiscal deficit to "around 4%" of gross domestic product, a rare increase that marks a meaningful shift in policy. The target was ...
NBC 7 San Diego17d
China raises budget deficit target to levels not seen since at least 2010 to shore up growth
BEIJING — China on Wednesday announced plans to raise its fiscal deficit to "around 4%" of gross domestic product, a rare increase that marks a meaningful shift in policy. The target was ...
Bloomberg L.P.17d
China Plans to Cut Energy Use Per Unit of GDP by 3% in 2025
China plans to reduce the amount of energy it uses to grow its gross domestic product by around 3% in 2025. That target is slightly higher than the goal of -2.5% it set in 2024, but below the ...
Underpinning Trump’s Tariff-Based Trade Wars Are Misunderstood Trade Deficits
Tariffs are Trump's weapon of choice in on-again, off-again trade wars with Colombia, Canada, Mexico, China, importers of ...
Recession risks are rising, economists say. Here's what to know.
Consumer spending, which accounts for about 70% of U.S. economic activity, could slowly fade away as households bolster ...
China announces high-tech fund to grow AI, emerging industries
Fresh off the global success of DeepSeek’s latest artificial intelligence reasoning model, China’s top economic officials ...