The Latest Breaking News from Beijing

Social media accounts blocked for breaking Beijing rules as millions of users join up before ban takes effect

‘It is my expectation that we will solve many problems together,’ incoming US president says after call with Xi Jinping.

Asian markets were mixed Friday as data showing China's economy grew slightly quicker than expected last year failed to inspire investors, with Beijing battling to revive consumption and boost the battered property sector.

China has reported that its economy expanded at a 5% annual pace in 2024, achieving Beijing’s target of “around 5%” growth helped by strong exports and recent stimulus measures

China is set on Friday to post some of its weakest growth in decades, as leaders grapple with economic doldrums and nervously eye a potential trade standoff with incoming US President Donald Trump.

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Beijing has accused Washington of protectionism, vowing to defend its interests and urging Washington to halt its "wrong practices".

Beijing is hoping subsidies for rice cookers, microwave ovens and smartphones can boost sluggish spending and help the country weather an economic storm from incoming US president Donald Trump.

Donald Trump has a knack of antagonising and confusing China. During his first presidential campaign, he accused China of “raping” the US through unfair trade practices. But later in his first term as US president, Trump also called Chinese president Xi Jinping a “good friend”.