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China has set its 2026 economic growth target at a range of 4.5 to 5 percent, marking the first reduction in this target in three years and its lowest level in decades. Domestic experts cited in media characterize the goal as realistic, signaling a commitment to stable growth. Concurrently, the government announced plans to accelerate its push for greater self-reliance in science and technology during the upcoming 15th Five-Year Plan period, which includes increased technology spending. Official warnings were also issued regarding a potential new global chip shortage crisis, amid an ongoing dispute involving the Chinese-owned semiconductor company Nexperia with authorities in the Netherlands.
The United States initiated trade investigations into China and other major trading partners, which could lead to the revival of new tariffs, a policy associated with President Trump. China's domestic media reports the nation opposes these potential tariffs. Separately, in Hong Kong, authorities conducted raids on brokers and a hedge fund as part of a $300 million insider trading probe, described as the largest such operation since 2017. In a separate financial development, HSBC and Standard Chartered are set to receive stablecoin licenses in Hong Kong.
10 topics | 627 sources
China has set its economic growth target for 2026 at a range of 4.5 percent to 5 percent. This is the first time the target has been lowered in three years. Experts cited in domestic media say the target is realistic and signals a commitment to stable growth. Some international reports note it is the country's lowest growth target in decades.
China will accelerate its push for greater self-reliance and strength in science and technology during its upcoming 15th Five-Year Plan period. The plan includes increased technology spending and aims to reduce reliance on foreign technology.
China has issued warnings about a potential new global chip shortage crisis. The warnings come amid an ongoing dispute involving Nexperia, a Chinese-owned semiconductor company, with authorities in the Netherlands, highlighting tensions in the global semiconductor supply chain.
32 topics | 749 sources
Mar 15 — Mar 19
China and US to hold trade talks in Paris in mid-MarchChina and the United States have scheduled trade talks to take place in Paris from March 14 to 17. Chinese Vice Premier He Lifeng will lead the Chinese delegation for the meetings with U.S. economic officials. The talks are seen as an effort to ease trade tensions and potentially pave the way for a future summit between the two countries' leaders.
Mar 3 — Mar 24
Mar 3 — Mar 23
US considers limiting Nvidia chip sales to Chinese customersMar 13 — Mar 22
Apple lowers App Store commission fees in ChinaApple has reduced its commission rate on in-app purchases in China from 30% to 25%. The move comes amid increasing regulatory scrutiny and pressure from local authorities in the country.