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China keeps growth target at around 5% for 2025 amid US trade war risks

China is keeping its economic growth target at around 5% for 2025 despite a looming trade war with the United States and other headwinds. The target for GDP growth was announced Wednesday in a report being presented by Premier Li Qiang at the opening session of the National People's Congress, the annual meeting of China's legislature. It gives an indication of how ambitious the government is about boosting growth in challenging economic times. The IMF has projected China's economy will grow 4.6% this year, down from 5% in 2024, according to Chinese government statistics. A target of around 5% is well aligned with our mid- and long-term development goals and underscores our resolve to meet difficulties head-on and strive hard to deliver, the government report said. Across-the-board tariffs imposed on Chinese products by U.S. President Donald Trump pose the latest threat to an economy already weighed down by a prolonged real estate slump and sluggish consumer spending and private ...

'If war is what US wants, be it tariff, trade we're ready to fight': China

Chinese Foreign Ministry Spokesperson Lin Jian said that it is America and not anyone else responsible for the Fentanyl crisis in the country

US-Canada tariff history: The 2018 trade dispute, retaliation, and fallout

From a steel standoff in 2018 to a lumber feud spanning decades, here's how US-Canada tariff battles have shaped trade relations over the years

Trump tariffs on Canada, Mexico, China take effect: How did they retaliate?

US trade wars: Tariff hikes have sparked volatility in financial markets, with North American stocks plunging on Monday in anticipation of trade disruptions

China watches from sidelines as Donald Trump 'switches allegiance'

China never was or will be a neutral party dedicated to bringing the Ukraine war to a just conclusion

US Secretary of State accuses China of flooding state with Fentanyl

Rubio expressed his belief that China "could halt" the flow of precursors immediately but opted not to, as cited in the RFA report

Trump unveils more tariffs on China, raising risk of further retaliation

The tariffs will also likely raise prices of US imports, as companies in China will try to pass on the increased costs to US customers

Trump's tariffs on China risk hurting US economy more than data suggests

There is little doubt that a harsher treatment of Chinese products under the first Trump administration, much of which was continued by the Biden White House, reduced China's share of US imports

US lawmakers warn that China could use Elon Musk to influence Trump

China's Washington embassy said China welcomed mutually beneficial cooperation" with people from all walks of life in the United States

China's new stealth subs may carry nuclear firepower, target US defences

The new conventional vessels could take on key wartime roles of nuclear submarines, including saturation attacks on aircraft carriers and long-range precision strikes on land targets

China urges US to stop weaponising, politicising economic and trade affairs

China will closely monitor the US actions and will take necessary measures to safeguard its own legitimate rights and interests, a Chinese Commerce Ministry spokesperson said

China's hopes to be Ukraine mediator collide with its goals on Trump, trade

China's priorities are clear: it is focused on repairing its economy and trying to hammer out a deal with US President Donald Trump to avoid another damaging trade war

China opposes US State Dept's revised fact sheet, alleges misrepresentation

Changes made by the US State Department on its 'US-China Relations' page and 'US Relations With China' fact sheet misrepresent the facts, Chinese Foreign Ministry spokesperson Guo Jiakun said

US State Dept revises web page on China to focus on trade, business curbs

The February 13 changes underscore the new administration's focus on trade and other priorities

'It's possible, it's possible': Trump hints at new trade deal with China

Trump signed a trade deal with China in January 2020. Under this agreement, China promised to protect US trade secrets, buy $200 billion worth of US products, and lower some trade barriers

Labour unions urge Trump to boost US shipbuilding against China's dominance

The heads of four major labour unions on Wednesday called on President Donald Trump to boost American shipbuilding and enforce tariffs and other "strong penalties" against China for its increasing dominance in that sphere. The presidents of the United Steelworkers, International Brotherhood of Electrical Workers, International Brotherhood of Boilermakers and International Association of Machinists and Aerospace Workers argue that China's efforts have hurt American workers and national security. In a draft of the letter obtained by AP, they urged Trump to "impose tough penalties against vessels built according to the plans, policies, and actions of the Chinese Communist Party and to adopt complementary policies that rebuild America's shipbuilding capacity and workforce". Last year under President Joe Biden, the unions filed a petition seeking to address China's shipbuilding under Section 301 of the 1974 US Trade Act, hoping to start a process by which tariffs and other measures could

Musk's Tesla may face licensing delays in China amid Trump tariff threats

Chinese authorities may be considering leveraging Tesla's approval process as a strategic tool in ongoing trade negotiations with the US government

Donald Trump's son says US military should focus on China, avoid war

Donald Trump Jr added that 'when you consider that the American people would benefit most from a balance of power with China that avoids war, it makes perfect sense'

China lauds EU ties as Trump's peace plan with Russia chills continent

In contrast, China's Foreign Minister Wang Yi used his address to say that all stakeholders in the Russia-Ukraine war should participate in any peace talks, including the European Union

Trump wants denuclearisation talks with Russia, China to cut defence budget

President Donald Trump said Thursday that he wants to restart nuclear arms control talks with Russia and China and that eventually he hopes all three countries could agree to cut their massive defense budgets in half. Speaking to reporters in the Oval Office, Trump lamented the hundreds of billions of dollars being invested in rebuilding the nation's nuclear deterrent and said he hopes to gain commitments from the US adversaries to cut their own spending. There's no reason for us to be building brand new nuclear weapons, we already have so many, Trump said. You could destroy the world 50 times over, 100 times over. And here we are building new nuclear weapons, and they're building nuclear weapons. We're all spending a lot of money that we could be spending on other things that are actually, hopefully much more productive," Trump said. While the US and Russia hold massive stockpiles of weapons since the Cold War, Trump predicted that China would catch up in their capability to exact