4 h. ago Major foreign banks raise China’s GDP forecast, annual target seen as ‘on track’

Several major banks forecast stronger economic growth for China this year, buoyed by third-quarter data showing slightly better-than-expected expansion despite domestic and external headwinds. Investment bank Goldman Sachs raised its full-year gross domestic product forecast for 2025 from 4.8 per cent to 4.9 per cent, noting that the government’s target of “around 5 per cent” remains “largely on track”. The bank also revised its estimate for 2026, up slightly from 4.2 per cent to 4.3 per cent,...

Events

4 h. ago Overseas banks raise China GDP forecasts, say Beijing ‘on track’ for 2025 target

Several major banks forecast stronger economic growth for China this year, buoyed by third-quarter data showing slightly better-than-expected expansion despite domestic and external headwinds. Investment bank Goldman Sachs raised its full-year gross domestic product forecast for 2025 from 4.8 per cent to 4.9 per cent, noting that the government’s target of “around 5 per cent” remains “largely on track”. The bank also revised its estimate for 2026, up slightly from 4.2 per cent to 4.3 per cent,...

Events

14 h. ago US to respond 'appropriately to China's targeting of critical industrial sectors,' Greer says

US to respond 'appropriately to China's targeting of critical industrial sectors,' Greer says  Reuters

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16 h. ago Antitrust Lawsuit in China Targets Apple Policies on App Distribution and Payments

Antitrust Lawsuit in China Targets Apple Policies on App Distribution and Payments  PYMNTS.com

Events

17 h. ago Tech, Targets, and Tensions: Decoding Xi's Priorities for China's Next Five

Tech, Targets, and Tensions: Decoding Xi's Priorities for China's Next Five-Year Plan  Asia Society

Events

23 h. ago China doubles GenAI users, PLA ship near disputed shoal: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China reports 4.8% quarterly GDP growth, moving closer to annual target China’s economy grew 4.8 per cent year on year in the third quarter of 2025, keeping the country largely on track to achieve its full-year target, but analysts said further policy support is still needed to maintain this stable trajectory and improve domestic demand. 2. China’s...

Politics

33 h. ago China Says Growth Target in Reach Despite Rare Investment Drop

China Says Growth Target in Reach Despite Rare Investment Drop  Bloomberg.com

Events

34 h. ago China reports 4.8% quarterly GDP growth, moving closer to annual target

China’s economy grew 4.8 per cent year on year in the third quarter of 2025, staying in line with expectations and bringing the country closer to achieving its annual target despite rising external uncertainties. The closely watched figure for gross domestic product, released by the National Bureau of Statistics (NBS) on Monday, came in just above the 4.76 per cent forecast in a survey of economists by Chinese financial data provider Wind. It marked a deceleration from the 5.2 per cent expansion...

Events

34 h. ago Breaking | China reports 4.8% quarterly GDP growth, moving closer to annual target

Breaking | China reports 4.8% quarterly GDP growth, moving closer to annual target  South China Morning Post

Events

52 h. ago China says US targeted national time systems; risks financial and power networks

China says US targeted national time systems; risks financial and power networks  Times of India

Events

5 d. ago 3 arrested in Hong Kong, mainland Chinese operation targeting money launderers

Hong Kong and mainland Chinese authorities have arrested three men in a cross-border operation targeting a money laundering syndicate that allegedly used pre-recorded footage to bypass digital bank accounts’ facial recognition software and laundered more than HK$270 million (US$34.7 million). Chief Inspector Lo Yin-lam of Hong Kong police’s financial investigation bureau said on Thursday that the syndicate allegedly recruited members from the mainland to travel to the city and open accounts with...

Events

5 d. ago China's targeting of human rights activists grows: UN report

China's targeting of human rights activists grows: UN report  International Consortium of Investigative Journalists - ICIJ

Events

5 d. ago New UN report highlights China’s alleged targeting of human rights activists

New UN report highlights China’s alleged targeting of human rights activists  International Consortium of Investigative Journalists - ICIJ

Events

5 d. ago Bunge Soars After Trump Targets Cooking Oil Imports From China

Bunge Soars After Trump Targets Cooking Oil Imports From China  The Wall Street Journal

Politics

6 d. ago China reiterates 'no winners' in trade war as US targets cooking oil | Daily Sabah

China reiterates 'no winners' in trade war as US targets cooking oil | Daily Sabah  Daily Sabah

Events

7 d. ago China thief steals US$53,000 from newlyweds after learning about pair online

A Chinese man was arrested for stealing 380,000 yuan (US$53,000) in wedding gift money from a household shortly after their wedding, which he discovered through social media posts about their celebrations. The man, identified by the surname Peng, was apprehended on October 2 at his home in Jiangxi province, eastern China. Peng targeted the victim, also surnamed Peng, after viewing videos of the wedding festivities. He used Douyin, the mainland version of TikTok, to find wedding posts nearby and...

Events

7 d. ago China targets five U.S. subsidiaries of South Korea's Hanwha Ocean over Washington shipping probe

China targets five U.S. subsidiaries of South Korea's Hanwha Ocean over Washington shipping probe  CNBC

Events

7 d. ago China targets five U.S. subsidiaries of South Korea's Hanwha Ocean, sending shares down 8%

China targets five U.S. subsidiaries of South Korea's Hanwha Ocean, sending shares down 8%  CNBC

Events

7 d. ago UK’s MI5 warns politicians they are targets of Chinese and Russian spying

Britain’s domestic spy agency MI5 issued a rare public warning to members of parliament on Monday that they are being targeted by spies from China, Russia and Iran in an attempt to undermine the country’s democracy. The warning comes a week after prosecutors said they had to abandon the trial of two British men charged with spying on members of parliament for China because the British government had not provided evidence showing China was a threat to its national security. MI5 warned politicians...

Events

7 d. ago China Mobile aims to triple AI computing power using homegrown chips

State-owned telecom giant China Mobile announced plans to use only homegrown chips for the nation’s largest artificial intelligence computing network by 2028, accelerating China’s efforts to become a leader in AI and reduce its reliance on foreign technology. China Mobile chairman Yang Jie outlined the ambitious target at the company’s Global Partners Conference in Guangzhou on Saturday. The telco, he said, planned to double its investment in AI and explore the construction of a computing...

Politics