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Bloomberg
China Is Placing Emphasis on Consumption This Year, BofA's Qiao Says
BofA's Helen Qiao says the latest Chinese retail data is in a "nice and comfortable range," which "probably implies that further policy stimulus is still warranted." She adds that "it is not too weak that people would worry before the...
Bloomberg
China Hits 5% Growth Goal for 2024 After Stimulus Bump
China's economy expanded 5% in 2024, hitting the government's growth target. A stimulus blitz by Beijing and export boom turbocharged activity, but looming US tariffs threaten to take away a key driver of expansion. Stephen Engle reports...