US and China make major breakthrough in trade talks
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As the international landscape becomes increasingly challenging and complex, China must move faster to create a new development pattern, says the Chinese president.
China pressed on Monday for stronger economic ties and more open trade at a regional summit in Malaysia dominated by the shadow of steep U.S. tariffs after proceedings attended by President Donald Trump.
The July-September data, the weakest pace of growth since the third quarter of 2024, compares with a 5.2% pace of growth in the previous quarter, officials said.
China is on a policy-fuelled push to turn the likes of drones and flying taxis into everyday business. Patchy progress and lagging rules risk grounding its sky-high ambitions.
A further increase in China’s trade surplus failed to fully offset the effects of a worsening housing market, which has left consumers wary.
China's top leaders have pledged to boost the country's self-reliance in advanced technologies and spur stronger domestic demand over the next five years.
China needs a bolder spending package to mend the finances of households and companies, according to a central bank adviser, as signs of resilience in the economy mask the damage wrought by the trade war with the US.
China's economic growth slowed to the weakest pace in a year in the third quarter as fragile domestic demand left it heavily reliant on the humming of its exporting factories, stoking concerns about deepening structural imbalances.
Tanzania on Monday reaffirmed its commitment to deepening economic and trade cooperation with China's northwestern province of Shaanxi during a meeting held in Tanzania's port city of Dar es Salaam. The China (Shaanxi)-Tanzania Economic and Trade Cooperation Conference,