The World Bank predicts China's economy will grow by 4.8% this year. It had forecast 4% growth in April, when the U.S. briefly ramped up tariffs on Chinese imports to more than 100%. The bank projects China's GDP growth to ease to 4.2% in 2026, partly due to a slowdown in exports growth.

The World Bank lifted its 2025 growth projection for China to 4.8% and raised its forecast for much of the region, but warned of slowing momentum next year, citing low consumer and business confidence and weak new export orders.

The restrictions represent the first major attempt by Beijing to exercise long-arm jurisdiction over foreign companies to target the semiconductor industry.

SHANGHAI (AP) — The head of a U.S. congressional delegation visiting China said he backed renegotiating the rules governing the global economy to take into account China’s rise and that of others such as India and Brazil.

Asian factories continued to recover steadily in November thanks to a boom in economic powerhouse China, private surveys showed on Tuesday, offering hope the region was shaking off the drag from the COVID-19 crisis.

President Donald Trump threatened to hike tariffs on Chinese exports and cancel a meeting with President Xi Jinping, in a broadside against Beijing on Friday that sent markets and relations between the world's largest economies into a spiral.

The United States and China have been jostling for advantage in trade talks, after the import taxes triggered a trade war between the world’s two largest economies.

China's Premier Li Keqiang said on Wednesday the global economy faces "many uncertainties and destabilising factors" as it battles the COVID-19 pandemic, and insisted Beijing was committed to its relationship with Britain despite recent tensions.

President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for Ame

CFR President Michael Froman shares his take on artificial intelligence competition between the two countries.