-
China Vows Significant Boost to Consumption Share of Economy
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. The Communist Party made the pledge Tuesday in a detailed document that was discussed at its fourth plenum held last week in Beijing. China will “form an economic development model driven more by domestic demand and powered by consumption,” it said. The new language signals growing resolve on the part of China’s policymakers to promote consumption ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From cnbc.com|Oct 28, 2025Tariffs of 39% that were slapped on Swiss goods by U.S. President Donald Trump have been “horrible” for Switzerland, the chief executive of Swiss luxury watchmaker Breitling told ...
From @financialjuice|Oct 28, 2025|60 commentsTrump, Xi to Discuss Lowering China Tariffs for Fentanyl Crackdown - WSJ The US would cut in half the 20% levies on Chinese goods imposed in retaliation for the export of chemicals that make deadly synthetic opioids - WSJ *US, CHINA SET TO REDUCE PORT FEES ON EACH OTHER'S SHIPS: WSJ
From invezz.com|Oct 28, 2025Gold has crossed $4,400 an ounce, silver is at record highs, and central banks are buying bullion faster than at any time since the 1950s. Traders call it the debasement trade. ...
-
- Newer Stories
From finance.yahoo.com|Oct 28, 2025|2 commentsPrivate payroll processor ADP said Tuesday that the US labor market showed signs of bouncing back in October, with the average weekly increase in employment tallying 14,250 over a ...
From kitco.com|Oct 28, 2025Citigroup Inc. and Morgan Stanley are establishing their own vaults in London as they look to challenge JPMorgan’s dominant position in the global market amid soaring gold prices ...
From wellsfargo.bluematrix.com|Oct 28, 2025Consumer confidence came in at 94.6 in October, the third consecutive monthly decline. Slight solace comes from the fact that last month's measure was upwardly revised to 95.6 ...
- Story Stats
- Oct 28, 2025 12:42pm Posted byFundamental Analysis14,147
- 1 traders viewing now
