China Unveils Future Plans Amid Domestic Progress and Global Challenges
China unveils its work report during the Two Sessions, highlighting domestic progress and outlining strategies to tackle future challenges amid global uncertainties.
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China unveils its work report during the Two Sessions, highlighting domestic progress and outlining strategies to tackle future challenges amid global uncertainties.
Chinese mainland sets a 5% GDP growth target for 2025, maintaining last year’s goal, and emphasizes ‘reform’ as the key theme in its annual government work report.
U.S. President Trump halts auto tariffs for a month as negotiations with Canadian PM Trudeau stall, impacting automakers and global markets.
The US-Canada trade war, sparked by 25% tariffs, is pressuring supply chains and sparking debates on protecting Canadian businesses from future conflicts.
US imposes an additional 10% tariff on Chinese imports citing fentanyl concerns. China retaliates with increased tariffs and measures, sparking warnings from American economists of potential economic backlash.
China is set to increase its 2025 defense budget by 7.2%, reaching about $249 billion, reflecting its commitment to strengthening military capabilities. 🇨🇳💪
China has successfully met its 2024 development goals, ensuring stable economic performance and steady growth, according to a recent government work report.
China’s Transport Minister plans to reduce logistics costs by $55B to boost efficiency, aiming for a more unified and open transportation market.
Chinese Premier Li Qiang outlines China’s ambitious 2025 economic goals, including 5% growth, 12 million new urban jobs, and a significant impact on global economy.
The US has begun imposing tariffs on Mexican goods, escalating a trade war that Mexico is set to respond to by Sunday. Stay updated on the economic impacts.