China Escalates Feud With Japan
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China’s latest economic data has confirmed what analysts have warned for months: the slowdown is accelerating. New figures show a sharp fall in fixed‑asset investment, weakening factory output, and a property sector still at risk of major defaults.
As policymakers in the United States fret about getting inflation back down to target, they may inadvertently get a helping hand from an unlikely source.
With the arrival of Donald Trump for his second term as president, the US imposed a 145% tariff on Chinese goods, with CHina imposing a 125% tariff on American goods in response. These measures are forecast to result in a 0.2% decline in global merchandise trade. The two major nations continue to seek a solution to the trade war.
The diplomatic row over comments on Taiwan has evolved from a war of words to Beijing advising its citizens against travelling and studying abroad in Japan.
China's Vice Premier He Lifeng and German Finance Minister Lars Klingbeil agreed on Monday that the two nations should bolster commercial ties
Fixed-asset investment shrank 1.7% in the first 10 months of the year, a record decline for the period, according to data released by the National Bureau of Statistics on Friday. The median forecast of economists in a Bloomberg survey was for an increase of 5.
We ended the week with more evidence that the world’s second-largest economy entered the final quarter on a weakening trajectory. China’s economic activity cooled more than expected at the start of the fourth quarter, with an unprecedented slump in investment and slower growth in industrial output adding to a drag from sluggish consumption.
China's Vice Premier He Lifeng and German Finance Minister Lars Klingbeil said the two countries should strengthen their commercial ties and bring an end to months of trade tensions between the world's second- and third-largest economies.
China's slowdown worsened in October, dragged by soft consumer demand and a deepening property downturn, with the long holiday period further denting factory activity.