Tariffs are Trump's weapon of choice in on-again, off-again trade wars with Colombia, Canada, Mexico, China, importers of ...
Fresh off the global success of DeepSeek’s latest artificial intelligence reasoning model, China’s top economic officials ...
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 ...
This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who ...
Taiwan needs to dramatically hike defense spending to around 10% of gross domestic product in order to deter a war with China, President Donald Trump's nominee to become a top Pentagon policy advisor ...
Australia’s Gross Domestic Product (GDP) grew 0.6% QoQ in the fourth ... s decision to go on with tariffs on Canada, Mexico and China. At the same time, a risk-averse environment weighs on ...
It was the biggest surplus recorded by any country in history and amounted to 5.2 per cent of China’s nominal gross domestic product, a Goldman Sachs report said last week.
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 ...
Consumer spending, which accounts for about 70% of U.S. economic activity, could slowly fade away as households bolster ...
But that amounts to an annual effort of less than 0.01% of its $18.6 trillion gross domestic product. China's household spending is less than 40% of annual economic output, some 20 percentage ...
One of Trump’s top Pentagon picks, Elbridge Colby, made the United States’ first explicit call for Australia to massively increase defence spending to counter China.
China’s leaders have spent the past week ... raising the budget deficit to around 4% of gross domestic product, the highest level in decades. But some analysts remain skeptical about whether ...
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