Tag: State media

BusinessInnovationTechnology

China Prioritizes Domestic Consumption and Tech Self-Reliance Amid Global Trade Tensions

Chinese policymakers have unveiled plans to strengthen domestic consumption and technological development during the Fourth Plenum meeting. The announcement comes as Vice Premier He Lifeng prepares for trade talks in Malaysia amid ongoing U.S.-China tensions. Analysts suggest the policy shift indicates a deeper focus on economic supply-demand dynamics.

Economic Policy Shift Toward Domestic Consumption

China’s leadership has emphasized a renewed commitment to boosting domestic consumption as part of its five-year development strategy, according to state media reports from the Fourth Plenum meeting. The policy direction reportedly marks a significant shift in how Chinese policymakers are approaching economic growth, with multiple sources indicating a deeper examination of the relationship between supply and demand than in previous years.

by Ortega Rafael
International Business and TradePolicy

US-China Rare Earth Tensions Escalate as Trade Dispute Intensifies

Trade tensions between Washington and Beijing have intensified over rare earth export controls, with both sides accusing the other of blindsiding their trade counterparts. Chinese state media has issued a detailed rebuttal to US claims about export restrictions as the diplomatic standoff continues.

Rare Earth Dispute Escalates Between World’s Largest Economies

Trade tensions between the United States and China have intensified significantly over rare earth export controls, with both nations exchanging accusations ahead of an anticipated meeting between their leaders, according to reports from Reuters. The dispute centers around China’s new licensing regime for rare earth elements, which are crucial components in electronics, renewable energy technologies, and defense systems.

by Bennett Laura