China’s economy cooled further in the first quarter, according to an AFP survey of analysts, as Beijing resorted to tried-and-tested measures to combat tepid global demand and a bruising US trade war. The world’s second largest economy expanded by 6.3 percent in the January to March period, the poll of 13 economists found ahead of […]
Li Keqiang
China cuts taxes, sees ‘tough struggle’ as growth slows
Nearly 3,000 delegates from across China have gathered in Beijing for the annual session of the National People’s Congress China’s premier warned Tuesday that the country faces a “tough struggle” as he unveiled tax cuts to prop up a stuttering economy while increasing military spending to nearly $180 billion. The slowdown and US trade war […]
Pakistan, China sign 15 agreements in multiple fields
BEIJING: Prime Minister Imran Khan and his Chinese counterpart Li Keqiang among other dignitaries met on Saturday as the two countries signed fifteen agreements and Memorandum of Understanding (MoUs) for mutual cooperation in diverse fields. Agreements relating to elimination of poverty in Pakistan, strengthening of mutual cooperation in the field of agriculture, industrial sectors and technical training, […]
China counterpunches against US in growing trade war
AFP / – There are fears that prices will rise on the streets China on Friday struck back against US President Donald Trump’s trade offensive, intensifying the expanding and unpredictable dispute between the world’s two largest economies. Late Friday, China announced it was expanding its existing complaint against the United States at the World Trade […]