President Vladimir Putin has often bragged that Russia’s economy has defied the dire forecasts made after his 2022 invasion ...

He said that China's military expenditure generally aligns with the country's economic development and GDP growth. Fu cited the need for national defense modernization and the challenging security ...

Official statistics show that private businesses contribute approximately 50 percent of the country's tax revenue, 60 percent ...

Analysts widely anticipate Beijing will announce an official deficit ratio of 4% of GDP, up from the long-maintained ...

China's GDP growth target of around 5 percent for 2025 sheds light on its confidence in economic stability and its commitment to high-quality development, a global consultancy executive has said.The ...

Wang Zhe, senior economist at Caixin Insight Group. In addition, China set a GDP growth target of around 5% for 2025 during this week’s parliamentary meeting, while raising its budget deficit ...

Premier Li Qiang, who read out the annual work report listing the government's achievements besides presenting the budget for this year, much on the expected lines, retained the five per cent GDP ...

Despite increasing economic pressure from the United States, China has set an ambitious growth target of about 5% for 2025, reports Bloomberg. This announcement, expected to be made official by ...

The IMF said it had revised up both its 2024 and 2025 GDP targets by 0.4 percentage points but warned that growth in China would slow to 3.3% by 2029 due to an aging population and slower ...

Australia must navigate US–China tensions with careful consideration of its economic realities. Ongoing negotiations for ...

China's budget deficit target would increase from 3 per cent to 4 per cent of GDP, and the amount of government and local government bonds being issued would also increase. One of China's main ...