China says its economy grew a bit more in 2023 than earlier thought, according to an economic census conducted every five years.
China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), the head of the National Bureau of Statistics Kang Yi said at a press conference in Beijing.
Taiwan's Presidential Office held its first "tabletop" exercise involving government agencies beyond the armed forces on Thursday, simulating a military escalation with China amid renewed threats from Beijing,
A Chinese court has issued a suspended death sentence to a man who rammed his car into crowds outside a primary school in southern China last month, injuring more than two dozen people in one of several violent attacks that has recently rattled the country and prompted officials to ramp up security measures.
Major U.S. law firms scaled back from Greater China's legal market at a rapid pace in 2024, highlighting an uncertain future for foreign firms in the world's second largest economy.
There have been at least 20 such attacks in China this year, with a death toll of more than 90 people. Government officials have called these incidents “isolated” and offered explanations emphasizing individual motivations: the driver in the Zhuhai car attack was unhappy with his divorce settlement,
China and Japan have agreed to set up talks on often contentious security issues. The two countries are seeking to improve a relationship riven in recent years by a range of issues, from territorial disputes to the discharge of water from Japan’s tsunami-wrecked nuclear power plant.
Express deliveries, putting your military status on dating apps, and suspicious pens could all hold dangers for national security, China said in 2024.
Former Aston Martin CEO Andy Palmer told BI that automakers ditching EVs for hybrids risked falling even further behind their Chinese rivals.
China kept a key interest rate unchanged — a move widely expected by economists — as it seeks to keep its powder dry ahead of possible escalation in trade tensions with the US.
Trump's protectionist trade policies on China could dent hit US output and exposures through high costs and retaliatory measures.