China, economy and Trump
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Chinese state firm employee Zhang Jinming makes up for a 24% cut to his salary by delivering food for three hours every night after work and on weekends - and hopes he can avoid awkward encounters with colleagues.
China's economy slowed less than expected in the second quarter of financial year 2025 (2Q25) in a show of resilience against US tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.
China has reported that its economy slowed in the last quarter as President Donald Trump's trade war escalated, but it still expanded at a robust 5.2% pace.
China’s economy slowed less than expected in the second quarter in a show of resilience against U.S. tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.
Prime Minister Anthony Albanese meets with China's Premier Li Qiang, who takes a thinly veiled swipe at Donald Trump's tariff policies while calling for greater economic ties between Australia and China.
Looming U.S. tariffs, together with a real estate market slump feeding into weakening consumer confidence, saw China's GDP growth slow in the second quarter.
Private firms, weaker growth and limited fiscal space will make it difficult for Beijing to rein in ‘neijuan’, analysts say.
China's economy showed signs of cooling in the second quarter of the year. Trade tensions and a property downturn contributed to this slowdown, increasing pressure on policymakers to introduce more stimulus measures.