China grows on outside, despite Trump's retaliation
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Chinese state firm employee Zhang Jinming makes up for a 24% cut to his salary by delivering food for three hours every night after work and on weekends - and hopes he can avoid awkward encounters with colleagues.
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Livewire Markets on MSNChina – the tariff threat, structural challenges and implications for AustraliaAustralia is now less sensitive to China, but Chinese growth is likely to be enough to keep the iron ore price elevated.
As various parts of the globe contend with heat waves, ensuring a stable power supply has emerged as a critical issue for some regions. In this context, a report published on Tuesday by the climate think tank Ember has shifted attention to an unexpected area: China's trade-in program for air conditioners.
Shoppers are taking advantage of a $42 billion government trade-in program aimed at boosting spending. But in recent weeks, some cities have started to cut back on the subsidies.
China's economy grew by 5.2% in the second quarter, surpassing analyst predictions and showcasing strength against U.S. tariffs. This growth is part of a broader trend, with China aiming for 5% growth this year.
Looming U.S. tariffs, together with a real estate market slump feeding into weakening consumer confidence, saw China's GDP growth slow in the second quarter.
Congress MP criticises EAM Jaishankar over China ties, calls for national debate on security and economic challenges.
Rising costs, stagnant incomes and growing distrust drive people to opt out of medical coverage, analysts say.