China's markets have been on a roller coaster lately, with the government rolling out major stimulus plans. From cutting interest rates to boosting bank cash reserves and supporting stock markets, the Chinese government is going all out. The CSI 300 index, which tracks top stocks, has even jumped by
China recently announced that its economy grew by 4. 6% in the third quarter compared to the same period last year. This growth slightly surpassed the expectations of economists, who had predicted a 4. 5% increase. Although this growth rate is a bit slower than the 4. 7% growth seen in the second qu
China recently poured half a trillion dollars into its struggling property sector. Experts, however, aren’t convinced this is enough to turn things around. The move comes after a summer of poor economic data, raising fears that China might miss its growth target. Leader Xi Jinping finally rolled ou
US President Joe Biden is dashing off to Berlin for a quick trip. He's got a lot on his mind – the war in Ukraine, squabbles in the Middle East, and maybe even a bit of nostalgia. It's his last European visit as president, and he's got big plans. Biden will meet with German President Frank-Walter St
China recently held a significant military drill near Taiwan, sparking criticism from the United States. The exercise, dubbed "Joint Sword-2024B, " involved various branches of the Chinese military. They conducted sea and air patrols, along with attacks on maritime and ground targets. This maneuver
China has been waging a cyber war against America for years, and it’s not looking good. The Chinese government wants to challenge America’s dominance in the western Pacific. They’re hacking into the country’s critical infrastructure. This includes energy, communications, and transportation systems.
China's President Xi Jinping made a rare visit to Fujian province, which faces Taiwan. This visit happened right after China's military held large-scale exercises. The drills involved the navy, air force, missile force, and land troops. They simulated a blockade of Taiwan, an island that China claim
China's economy grew by just 4. 6% in the third quarter, the second quarter in a row to miss the government's target of 5% growth for 2024. Weak consumer spending, a struggling property market, and slower industrial output are to blame. Retail sales grew by 3. 3%, down from 3. 7%, and industrial pro
China's space exploration plans for the next decade include some exciting destinations. They've already collected samples from the far side of the moon, and now they're looking at Mars, asteroids, and even Jupiter. The samples from the moon's far side are different from those from the near side, whi
China's economy grew by 4. 6% in the third quarter, the slowest pace in six quarters. This news came with a surprise: the country's central bank announced two new programs to boost the stock market. These programs could inject around $112. 6 billion into the market. This happened even as China's sta
