China Plans Record Budget Deficit of 4% of GDP in 2025 to Counter Economic Headwinds
China’s leaders have agreed to raise the budget deficit to 4% of GDP in 2025, the highest on record, while maintaining an economic growth target of...
Etiket: Chinese economy
Alibaba Shares Rise 3% Following 58% Profit Surge in September Quarter
Chinese e-commerce giant Alibaba reported a substantial 58% increase in net profit for the September quarter, outpacing market expectations. The strong earnings performance drove a 3%...
China’s Exporters Brace for U.S. Election Impact
As the U.S. presidential election draws near, Chinese exporters are preparing for a potential shift in trade policies, particularly if Donald Trump returns to the White...