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 Los Angeles17d
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 ...
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 ...
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 ...