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China’s GDP growth slows, even after Beijing ramped up stimulus to reignite a stumbling economy

The 5% GDP growth rate is the lowest recorded by China since 1990, excluding the financially tumultuous years of the COVID-19 pandemic.

Peter Catterall

China reported $3.47 trillion in exports for 2024, a 7.1% increase. Trade is a bright spot for Beijing as it struggles with sluggish growth at home.

Beijing is targeting annual growth this year of around 5%, despite sluggish domestic consumption, high unemployment and a prolonged crisis in the...

A portrait of English mathematician Alan Turing became the first artwork by a humanoid robot to be sold at auction.

Local governments in China face a ballooning debt burden of $5.6 trillion, according to Beijing, raising worries about wider economic stability.

The moves by Chinese regulators mark the latest development in a crackdown on PwC for its work with Evergrande, which has become emblematic of a...