China, in the past fortnight, has launched a massive stimulus program that included cutting lending and mortgage interest rates, in an attempt to revitalise the country's crisis-hit property sector
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With both property and stock prices caught in a downward spiral, Chinese consumers are spending less on consumer goods, travel and discretionary purchases
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The world's second-biggest crude steel producer became a net importer of the alloy in the fiscal year through March 2024 and the trend has continued into the current year
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During their discussion, both leaders reiterated the sanctions imposed by the Western countries' violated UN Security Council resolutions and undermined global economic stability
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The People's Bank of China (PBOC) said it cut the rate on 300 billion yuan worth of one-year medium-term lending facility (MLF) loans to some financial institutions to 2 per cent from 2.3 per cent
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This is the first time the European Union has taken such action at the start of an investigation, rather than waiting for it to result in trade measures against the bloc
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The deployment of Typhon, which can be equipped with cruise missiles capable of striking Chinese targets, comes at a time of escalating tensions between Beijing and Manila over contested areas of the South China Sea
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While addressing a press briefing, Kirby stressed that it would be irresponsible if the Quad leaders do not hold talks about the challenges that exist in the region caused by China
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Weak economic activity in August has ramped up attention on China's slow economic recovery and highlighted the need for further stimulus measures to shore up demand
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Jaishankar, speaking at an event in Geneva, also said about 75 per cent of the "disengagement" problems at India's long and mountainous border with China had been sorted out
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