China’s GDP growth hits 5% target for 2024
Analysts and officials warn of threat from tariffs and weak consumer demand
Read more at Financial Times
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Music streams hit nearly 5 trillion in 2024, with women pop performers leading in US
Did you stream more music in 2024ABC News - 1d -
China's annual GDP growth meets target of 5% as stimulus measures kick in
China’s economy expanded by 5% year on year in 2024, with an upswing in the final quarter of the year, as a flurry of stimulus measures kicked in and helped meet Beijing’s growth target.NBC News - 7h -
UK economy’s 0.1% growth fails to hit forecasts
November expansion is first since August as pressure on chancellor Rachel Reeves to rebuild confidence growsFinancial Times - 22h -
US targets China’s answer to OpenAI with trade blacklisting
Beijing-based Zhipu singled out among artificial intelligence start-ups for allegedly advancing Chinese military capabilitiesFinancial Times - 23h -
Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts
Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%CNBC - 1d -
Poland backs Trump on raising Nato spending to 5% of GDP
Warsaw is closest to reaching new target, but laggards will take ‘decade’, says Polish defence ministerFinancial Times - 5d -
How Trump’s Mass Deportation Plans Could Reverse GDP Growth
Estimates of the effects of the president-elect’s plan to expel millions of undocumented workers are colored by politics, but detailed studies warn of major labor disruption, spiking business ...Inc. - Jan. 7 -
Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.The Wall Street Journal - Jan. 2 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2
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China's fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.CNBC - 7m -
British retail sales unexpectedly drop in December
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