A full-blown trade war between the United States and China would have a severe impact on global economic growth.

China pledged to “significantly” boost the share of consumption in its economy over the next five years while keeping tech and manufacturing as the top priorities, in an effort to become less reliant on exports after a steep escalation of trade tensions in 2025.

Beijing is hoping to use an expanded free trade deal to portray itself as the bloc’s alternative to the United States.

Beijing is fighting to limit the damage from a pattern of price wars and excess capacity across multiple industries.

China's development roadmap for the next five years has begun to emerge following the conclusion of a key Party meeting on Thursday, with fresh policy pledges poised to reaffirm the country as a crucial anchor of stability and source of opportunities for the global economy.

Investors sent major global indexes higher on optimism that President Trump and China’s top leader, Xi Jinping, could reach a wider agreement this week.

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.

The global economic system developed in an era of rapid population growth. With aging populations and people deciding to have smaller families, economists are raising concerns about future prosperity.

SHANGHAI/BEIJING () -China has sent a clear signal that it is willing to pull the plug on subsidies for its electric vehicle industry after years of big-ticket government support fuelled a boom that has left the world's second-largest economy saddled with vast oversupply,