Latest in China Says Economy Grew 5% Last Year, Driven by Exports
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China’s Population Declines for 3rd Straight Year
The fall came despite a slight rise in births last year, the first increase since 2016. State efforts to cajole women to have children have met resistance.The New York Times - 14h -
China Says Economy Grew 5% Last Year, Driven by Exports
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.The New York Times - 19h -
China’s economy hits 5% growth target but rate among slowest in decades
Latter part of 2024 ‘recovered remarkably’ after stimulus measures, says National Bureau of Statistics. Business live – latest updates China’s economy grew by 5% in 2024, in line with ...The Guardian - 11h -
China’s GDP growth hits 5% target for 2024
Analysts and officials warn of threat from tariffs and weak consumer demandFinancial Times - 17h -
China’s population falls for a third straight year, posing challenges for its government and economy
China’s population fell last year for the third straight year, its government said Friday, pointing to further demographic challenges for the world’s second most populous nation.NBC News - 18h -
Biden says 'red states really screwed up' in handling their economies during Covid years
The president also said in his interview with MSNBC that he "almost spent too much time on the policy and not enough time on the politics" of programs he signed into law.NBC News - 19h -
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 - 20h -
Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief
President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.CNBC - 1d -
FirstFT: Germany’s economy contracts for second straight year
Also in today’s newsletter, South Korea’s impeached president is arrested and powerful Wall Street dealmaker joins OpenAI boardFinancial Times - 2d -
German economy shrinks for second consecutive year
Europe’s largest economy contracted by 0.2% in 2024Financial Times - 2d -
Goldman’s Solomon says US economy in a ‘fragile place’
Wall Street bank’s chief expects deregulation under Trump to spur business investment but urges cautionFinancial Times - 3d -
US imposes export controls on chips for AI to counter China
American semiconductor industry warns move will aid competitors while EU has also protested against the new rulesFinancial Times - 4d -
Biden Administration Makes Last-Ditch Effort to Curb AI Chip Exports
The new rules meant to govern exports of sophisticated AI processors are meant to address national security concerns, but have already provoked an industry pushback.Inc. - 4d -
China's imports post surprise growth in December; exports beat expectations as higher tariffs loom
Economists are expecting exports to make a notable boost to China's economic growth last year when the figures are released later this week.CNBC - 4d -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - 4d -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - 4d -
China's Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts
The country’s economy is increasingly reliant on foreign demand for goods pouring out of Chinese factories.The Wall Street Journal - 4d -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - 6d -
Last year was the hottest in Earth's recorded history
Last year was the planet’s hottest in recorded history, NASA announced, marking two years in a row that global temperatures have shattered records.NBC News - Jan. 10 -
Last year was hottest on record: NOAA
Last year was the hottest ever recorded, according to data from the National Oceanic and Atmospheric Administration (NOAA) released Friday. In 2024, Earth overall saw its highest global temperature ...The Hill - Jan. 10 -
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.The New York Times - Jan. 10 -
Last Year’s Hiring Announcements Lowest Since 2015
One firm said that the hiring announcement could be indicative of uncertain economic conditions.Inc. - Jan. 9 -
Biden administration planning new AI chip export limits that would hit Nvidia, report says
The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.MarketWatch - Jan. 9 -
China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - Jan. 9 -
Export-Import Bank launches initiative to counter China's mineral dominance
The federal government is launching an initiative to support foreign minerals projects that exclude China as part of an effort to bolster U.S. supply chains. The Export-Import Bank (EXIM), a ...The Hill - Jan. 8 -
Meta says it's ending its fact-checking program and replacing it with a community-driven system
Meta founder and CEO Mark Zuckerberg announced Tuesday that the social media company is getting rid of its fact-checking program. Instead, it will rely on a community-driven system where users ...CBS News - Jan. 8 -
Bill Belichick says he had "shared vision" with Patriots, until "the last four years"
The decision of the Patriots to create a succession plan, while smart on paper, fell flat in practice.Yahoo Sports - Jan. 7 -
The UN says more than 5,600 people were killed in Haiti last year as gangs rampage
Officials say more than 5,600 people were reported killed in Haiti last year as a U.N.-backed mission led by Kenya struggles to contain rampant gang violenceABC News - Jan. 7 -
This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.
Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.MarketWatch - Jan. 7 -
The economy grew rapidly in the past 2 years. Can it keep it up under Trump 2.0?
The economy has grown rapidly in the past two years and companies hope to get another lift from a business-friendly Trump White House — but stiffer headwinds could clip the sails of the U.S. in 2025.MarketWatch - Jan. 7 -
China’s economy still hasn’t fully emerged from the pandemic as a new year dawns
Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.MarketWatch - Jan. 6 -
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Hezbollah leader Nasrallah was killed last year inside the war operations room, aide says
A senior Hezbollah security official says leader Hassan Nasrallah was killed in an Israeli airstrike last year while inside the militant group’s war operations roomABC News - Jan. 5 -
Salah on Liverpool future: 'My last year at the club'
Liverpool forward Mohamed Salah reaffirmed that this will be his last season at the Merseyside club as negotiations have stalled over a new contract.ESPN - Jan. 4 -
'Unprecedented': The most punctual global airline last year was 'absolutely' a surprise, analytics firm CEO says
Aeromexico, Saudia and Delta Air Lines were the most on-time global airlines in 2024, according to a report by aviation company Cirium.CNBC - Jan. 3 -
To be successful in 2025, a therapist says do these 5 things: It works 'any time of year'
To shift from ineffective resolutions to meaningful manifesting any time of year, says psychotherapist Chamin Ajjan, follow these practical tips.CNBC - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
5 New Year’s resolutions for higher education
Just over half of Americans believe higher education has a positive effect on the country, and majorities of both parties think higher education is unaffordable and headed in the wrong direction.The Hill - Jan. 2 -
5 Books for Building Lasting Professional Relationships
Level up your leadership skills through deeper, more effective communication and connection with colleagues.Inc. - Jan. 1 -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1
