China has announced a wide-ranging “special action plan” to promote domestic spending, in an effort to counter the economic impact of tariffs imposed by US President Donald Trump.
HONG KONG (Reuters) - China's State Council unveiled on Sunday what it called a "special action plan" to boost domestic consumption, featuring measures including increasing residents' income and ...
Shares of Chinese e-commerce giant Alibaba (BABA) got a lift from Beijing’s policymakers this month after it was announced that boosting ...
SHANGHAI (Reuters) -Global investment banks have raised their projections for China's economic growth and turned less bearish ...
China announced a "Special Action Plan to Boost Consumption" on Sunday in a bid to prop up domestic consumption in the world's second largest economy. The General Office of the Central Committee ...
Economists have long called for a structural re-calibration of the income distribution system and policies seen necessary to stimulating domestic consumption in a meaningful way. BEIJING — China ...
Copper's rise is likely led by Trump's tariffs, weakening its appeal as leading indicator for risk assets, including ...
"While Beijing has acknowledged the urgency of boosting domestic consumption, its policy response so far has fallen far short of the structural reforms needed to shift China’s economic model in ...
The premier noted that consumption must be prioritized for expanding domestic demand and driving economic growth, urging more effective measures to promote consumption and improve the consumption ...
The finance sector is strongly represented in this year's attendees. HSBC Group Chief Executive Georges Elhedery is on the ...
After years of prioritizing tech innovation over domestic demand, China’s leaders have also started to show more commitment to strengthening consumption as their top policy task. The Chinese ...