China defense budget grows 7.2% despite other 'belt-tightening'
BEIJING -- China's annual defense spending is set to grow by 7.2% this year, well above the country's economic growth target of "around 5%."
Target asian news
China sets GDP growth target of 'around 5%' for 2024
BEIJING -- China on Tuesday set a gross domestic product growth target of "around 5%" for 2024, matching last year's goal even as economic challenges mount.
China Signals Robust Goal for Economic Growth
China’s top leaders on Tuesday set an ambitious target for growth as its economy is laboring under a steep slide in the housing market, consumer malaise and investor wariness.
Yale's Stephen Roach says China may have run out of imaginative solutions to its tough problems
China did not hold its so-called "Third Plenum" meeting in the fall of 2023 and has not yet set a date for the highly anticipated plenary session.
Sumitomo Pharma to cut 400 jobs at U.S. subsidiary
TOKYO -- Sumitomo Pharma will lay off about 400 employees at its U.S. subsidiary in March, the company announced on Monday, on slow sales and the end of the exclusivity period for its schizophrenia drug Latuda.
China breaks with tradition at annual ‘Two Sessions’ meeting by scrapping premier's press conference
BEIJING — China kicks off its annual parliamentary meetings this week, which investors are watching closely for signals on economic stimulus.
China in a surprise announcement says it is eliminating annual news conference by premier
BEIJING (AP) — The Chinese government said Monday it is eliminating an annual news conference by the premier that was one of the only times a top Chinese leader took questions from the news media.
China 'Two Sessions', ASEAN-Australia Summit, Malaysia rate decision
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