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The Latest Breaking News from China

Asian Markets Mostly Down As China Sets 5% Growth Goal

Asian markets largely fell on Tuesday after China set a five percent annual growth target and Wall Street shares dropped ahead of the release of key US economic indicators.

International Business Times

China sets challenging GDP target in face of regional tensions and ageing population

Economists say 5% target is ambitious, as premier Li Qiang tells annual gathering that global economy and problems at home are presenting hurdles to recovery

The Guardian - AU

China's Leaders Set Five Percent Growth Goal For 2024

China on Tuesday set a growth target of five percent, in line with last year's GDP but a far cry from the double-digit expansion that for years drove the world's second-largest economy.

International Business Times

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‘Two sessions’: China sets 5 percent growth target, boosts military budget

Beijing sets one of its lowest targets in decades amid property crisis, slowing exports and population decline.

Al Jazeera

Vietnam’s bid to exploit US-China chip tensions confronts labour hurdles

Hanoi is hoping to benefit from the push to de-risk from China amid intensifying geopolitical tensions.

Al Jazeera

China Eliminates Premier's Annual News Conference, Shifts Focus

China discontinues Premier Li Qiang's annual news conference, signaling a shift in political landscape and emphasis on national defense and economic priori...

Top News

China's Leaders To Set Growth Goals As Economic Woes Mount

China is set to unveil some of its lowest growth targets in decades when top Communist Party officials begin an annual meeting Tuesday, as the world's second largest economy faces dire headwinds.

International Business Times

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Tesla Stock Drops Due To Decline In China Sales

Tesla's stock decline due to lower sales in China raises concerns about the company's performance in the crucial market.

Top News

US defense sector under attack by China-backed hackers, with NSA confirming Ivanti VPN exploits are to blame

Ivanti Connect Secure vulnerabilities are being exploited by China-backed hackers, and they can even persist after a factory reset

TechRadar

China's Economic Challenges And Strategies For Recovery

China's national legislature tackles economic challenges amidst slowing growth and market uncertainties. President Xi Jinping leads efforts to address job ...

Top News

What Does Nissan Get If It Rides To Fisker's Rescue?

Nissan, once a leader in electric vehicles, may turn to trouble startup Fisker for some help. And Fisker could get a financial lifeline in return.

InsideEVs

Australia to launch $2bn fund to ‘turbocharge’ trade with south-east Asia

Anthony Albanese plans to boost clean energy and infrastructure exports, and increase visas for travellers from the region

The Guardian - AU

Tesla China-Made EV Wholesale Sales Decreased 19% In February 2024

In February, Tesla Giga Shanghai's overall wholesale vehicle shipments (local retail sales and exports) decreased by a fifth year-over-year.

InsideEVs

Shanghai Composite Index Rose 0.41% on Monday

Shenzhen Component Index finished nearly flat

Caixin Global

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The Guardian - UK

China Two Sessions: premier Li Qiang will not speak to press in break with tradition

Annual appearances were rare opportunity for foreign media to engage with high-ranking Chinese officials

Top News

ASEAN-Australia Summit Focuses On China And Myanmar Issues

ASEAN-Australia Special Summit in Melbourne addresses regional issues and China's assertive actions in the South China Sea, excluding Myanmar due to ongoin...

International Business Times

China's Economy Of 'Great Concern' As Annual Political Meeting To Kick Off

China's annual political conclave kicks off in Beijing on Monday, with officials saying the flagging economy and youth unemployment are of "great concern" as they lay out plans for the coming year.

International Business Times

Asian Stocks Rise On US Gains Ahead Of Key China Policy Meeting

Asian markets mostly rose Monday following US gains and ahead of a Chinese legislative session where Beijing's annual growth target and other key policies will be announced.

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Al Jazeera

Australia gives $42m to ASEAN countries for ‘free, open’ South China Sea

Funds come after Philippine president told Australian Parliament he would ‘not yield’ ‘square inch’ in South China Sea.

International Business Times

ASEAN-Australia Summit To Decry 'Threat Or Use Of Force' In Region

Leaders from Southeast Asian nations and Australia gathered in Melbourne on Monday are expected to denounce the "threat or use of force" to settle disputes in the region, a collective swipe at China.

Top News

US Bill Blocks China From Buying Oil From Strategic Reserve

US restricts China from accessing its Strategic Petroleum Reserve, impacting global oil trade dynamics.

International Business Times

Philippines Foreign Minister Urges China: 'Stop Harassing Us'

Philippine foreign minister Enrique Manalo told AFP on Monday that his country wants to solve maritime disputes with China peacefully -- but delivered a simple message to Beijing: "stop harassing us".

Top News

Tensions Escalate Between China And Taiwan

Escalating tensions between China and Taiwan over territorial disputes raise concerns about potential conflict in the region.

Al Jazeera

What to expect at China’s ‘Two Sessions’ amid sagging economy, party drama

Legislature and political advisory body to convene to pass laws, make political appointments, and set goals for 2024.

Barchart

Sunday Scaries: What I'm Watching This Week In The Grain Markets

Looking at why I think the next market move will be higher.

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