“China’s Exports to U.S. Fall 33% in August as Trade Growth Hits 6-Month Low”
U.S. Shipments Face Sharp Decline China’s exports to the United States plunged by 33% in August, marking one of the steepest drops in recent months. At the same time, overall export growth slowed to just 4.4% year-on-year in U.S. dollar terms, the weakest pace in six months. Despite the slump, the U.S. remains China’s largest […]
Reviving Growth: China’s New Spending Initiatives and Economic Challenges
China has announced plans to significantly boost government spending in an effort to reignite its slowing economy. According to Finance Minister Lan Foan, the country will issue more government debt to provide subsidies for low-income households, support the struggling property market, and inject capital into state-owned banks. Increased Fiscal Stimulus Measures In a recent press […]