Is China’s GDP Growth Only 2%? Donald Trump Might Want To Find Out
Gao’s sin? Saying that China may have grown just 2% over the last two or three years, less than half the rate Xi’s government claims. The reason Gao is allegedly being silenced is for shining a brighter-than-usual spotlight on one of the biggest perception problems facing Xi’s Communist Party: that China routinely cooks the GDP books.
GDP growth of 5% hits target
Retail sales, a key measurement of consumer spending, increased 3.7 percent year-on-year in December, compared with the 3 percent growth recorded a month earlier. China's fixed-asset investment rose 3.2 percent in 2024, and in the first 11 months it grew 3.3 percent.
China meets annual GDP target with 5% growth in 2024 – as it happened
The National Bureau of Statistics published GDP and population numbers for 2024, data that will inform policy decisions for the year ahead.
China Hits 5% GDP Target But Trump Tariffs Threaten Further Growth
China’s economy hit the government’s growth goal last year after an 11th hour stimulus blitz and export boom turbocharged activity, although looming US tariffs threaten to take away a key driver of expansion.
Tariff Threat Helped China’s GDP Growth. That’s a Problem.
Gross domestic product rose 5% in 2024, meeting Beijing’s target, official data show, but economists are skeptical about the numbers.
Germany's economy shrinks for a second year in a row as election looms
Europe's biggest economy shrank for a second year in a row in 2024, according to data released on Wednesday by the Federal ...
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
Barrage of Stimulus Powers Robust Chinese Growth—and Some Skepticism
China said that its economy expanded by 5% last year, but a variety of weak signals have made some outside economists dubious ...
China logs 5% GDP growth in 2024 as exports, stimulus provide year-end boost
Driven by stimulus, an economic rebound in the last quarter helped China hit its GDP target, and signs point to a similar ...
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Why China's high-quality growth matters
CHINA'S economy achieved a gross domestic product (GDP) growth of 5.0 percent in 2024, aligning with government targets. This ...
Copper giant Peru sees economy expand for eighth straight month
Peru's gross domestic product expanded 3.93% in November compared with the same month of 2023, marking the eighth-consecutive ...
Germany's economy shrank for the second consecutive year in 2024
BERLIN — The German economy, Europe's biggest, shrank for the second consecutive year in 2024, according to preliminary ...
U.K. Economy Returns to Growth, But Faces Uncertain Outlook
GDP was 0.1% higher in November than it was in October, but that is unlikely to mark the start of a recovery that will be ...
UK Economy Inches up by Lower-Than-Expected 0.1% in November
LONDON (Reuters) - Britain's economic output inched up by a lower-than-expected 0.1% in November compared with October, data ...