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.

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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.

Beijing on Wednesday said it "firmly opposes" a US move to effectively bar Chinese technology from smart cars in the American market, saying alleged risks to national security were "without any factual basis".

China's economic growth likely fell fractionally short of the government's five percent target last year, according to an AFP survey, as leaders head into 2025 steeling for the second presidency of Donald Trump amid fears of another painful trade standoff.