China broadened a home appliance subsidy program just as inflation data showed continued weak consumer demand.
A Chinese filmmaker has been sentenced to three-and-a-half years in prison for his documentary about China’s nationwide protests against Covid lockdowns in late 2022, as Beijing seeks to erase public memories of stunning scenes of dissent against its handling of the pandemic.
So far, China has used carbon intensity — the amount of carbon dioxide emitted per unit of GDP — as its official target. It announced the metric in 2009, at the height of its economic growth, after facing pressur e to set a quantitative goal to curb its emissions. Its argument was that it was a target that wouldn’t constrain China’s growth.
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year, in an effort to revive sluggish domestic demand, an official policy document showed on Wednesday.
China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructure.
In August of that chaotic year for Asia’s biggest economy, President Xi Jinping’s team announced a nearly 3% downshift in the yuan’s value versus the dollar. Naturally, it caused pandemonium in world markets — at least briefly. The real fallout, though, was suffered by China itself, as huge waves of capital fled yuan-denominated assets.
It was almost a year before a handful of Chinese AI chatbots received government approval for public release. Some questioned whether China’s stance on censorship might hobble the country’s AI ambitions.
China's leaders are bracing for potential shocks to the economy from higher tariffs once U.S. President-elect Donald Trump takes office.
The move comes as Beijing intensifies efforts to convince cautious households to spend as rising external uncertainties threaten exports’ ability to prop up economic growth.
China said Thursday that an investigation had found the European Union imposed unfair “trade and investment barriers” on Beijing, marking the latest salvo in long-running commercial tensions between the two economic powers.
As the clock struck midnight on New Year’s Eve, Chinese President Xi Jinping delivered a speech full of communist triumphalism and ideological zeal. He touted the China plan as “an epic change the world hasn’t seen in a century,