Chinas

China’s GDP growth expected around 5% this year, senior official says By Reuters

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China's GDP growth expected around 5% this year, senior official says By Reuters

BEIJING (Reuters) – China’s economy is expected to grow by about 5% this year, the deputy director of the country’s Central Financial and Economic Affairs Commission said on Saturday. The world’s second-largest economy is expected to contribute up to 30% of global growth, Han Wenxiu said at an economic conference. Han, who is also a … Read more

China’s $1.3 Billion Peru Gamble Redraws Global Trade

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China’s $1.3 Billion Peru Gamble Redraws Global Trade

A new $1.3 billion deep-water megaport in Peru will likely become the latest battleground in a simmering trade conflict between the United States and China. The port of Chancay, with 15 berths, located about 80 kilometers north of Lima on the Peruvian coast, was jointly inaugurated by Peruvian President Dina Boluarte and Chinese President Xi … Read more