The Latest Breaking News from Beijing

Consumers pinching pennies, businesses seeing fewer customers, and a pervading sense that the economy just isn't bouncing back -- the mood was grim in Beijing as China posted some of its lowest growth in decades.

China’s population continues to fall for third straight year due to declining birthrate and amid concerns for economy.

The US Trade Representative said Thursday that its probe into China's practices in the shipbuilding, maritime and logistics sectors found that Beijing's undermining of fair competition warranted "urgent action."

Asian markets were mixed Friday as data showing China's economy grew slightly quicker than expected last year failed to inspire investors, with Beijing battling to revive consumption and boost the battered property sector.

China has reported that its economy expanded at a 5% annual pace in 2024, achieving Beijing’s target of “around 5%” growth helped by strong exports and recent stimulus measures

China is set on Friday to post some of its weakest growth in decades, as leaders grapple with economic doldrums and nervously eye a potential trade standoff with incoming US President Donald Trump.

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Beijing has accused Washington of protectionism, vowing to defend its interests and urging Washington to halt its "wrong practices".

Beijing is hoping subsidies for rice cookers, microwave ovens and smartphones can boost sluggish spending and help the country weather an economic storm from incoming US president Donald Trump.

Donald Trump has a knack of antagonising and confusing China. During his first presidential campaign, he accused China of “raping” the US through unfair trade practices. But later in his first term as US president, Trump also called Chinese president Xi Jinping a “good friend”.

The United States unveiled further export controls Wednesday on advanced computing semiconductors, boosting due diligence requirements for businesses as it seeks to prevent diversion of tech to China despite existing restrictions.