US Tariffs Spark Global Concern and Consumer Fears
US President Donald Trump’s new tariffs spark global concerns over trade and potential costs for consumers.
Economic Policy
South Korea Unveils $2 Billion Aid for Car Industry Amid U.S. Tariffs
South Korea announces a 3 trillion won ($2 billion) aid package to support its car industry hit by new U.S. tariffs.
China Condemns US Tariff ‘Abuses’, Vows to Protect Its Interests
China condemns US tariff ‘abuses’ and vows to protect its interests, criticizing US unilateralism and pledging to safeguard its sovereignty and development.
China’s New Plan: Making Prices Fairer and More Predictable
China has announced a new guideline to make prices fairer and more predictable, focusing on key areas like food security, energy, and public services.
China’s 4% Fiscal Deficit Signals Proactive Economic Strategy, Says ANZ Economist
China plans to raise its deficit-to-GDP ratio to 4% in 2025, signaling proactive policy support for future growth, says Raymond Yeung, ANZ Greater China Chief Economist.
China Unveils Interest Subsidies to Boost Spending
China introduces new interest subsidy policies to ease financial burdens and boost consumption, announced Finance Minister Lan Fo’an.
China’s Two Sessions Kick Off: Expert Predicts Boost in Consumption Policies
China’s Two Sessions begin in Beijing as experts anticipate significant policy measures to boost domestic demand and consumption, signaling a focus on economic growth.
Washington’s China Dilemma: Economic Cooperation or Strategic Confrontation?
The U.S. faces a dilemma between economic cooperation and strategic confrontation with the Chinese mainland, as recent diplomatic engagements reveal a cautious approach amid rising tensions.
US Tariffs on Major Trading Partners May Backfire
The US has imposed new tariffs on Canada, Mexico, and the Chinese mainland, using illegal immigration and drug trafficking as a pretext. Critics say this strategy may backfire and worsen domestic issues.
Chinese Premier Li Qiang Seeks Ideas to Shape China’s Future Plans
Chinese Premier Li Qiang met with experts and leaders to gather ideas on China’s future plans, focusing on addressing development challenges and promoting innovation for 2025.