China and South Korea signed a bilateral currency swap and other economic cooperation agreements on Saturday, as their leaders held summit talks in a bid to improve bilateral ties. The won-yuan swap line of a maximum 70 trillion won ($49.

China's economy expanded at the slowest annual pace in a year in July-September, growing 4.8%, weighed down by trade tensions with the United States and slack domestic demand. The July-September data was the weakest pace of growth since the third quarter of 2024,

China's economic momentum continued to weaken in October, marked by a significant drop in factory activity that fell short of analyst expectations, according to the latest official purchasing managers' index data from the National Bureau of Statistics.

A further increase in China’s trade surplus failed to fully offset the effects of a worsening housing market, which has left consumers wary.

"Perhaps of greatest concern for China is the software used in advanced manufacturing – Western companies control over 70% of the Chinese market for chip design software, for example."

This week in the Republic of Korea, President Donald J. Trump reached a trade and economic deal with President Xi Jinping of

Maybe it’s an electric vehicle with longer-range batteries, an updated artificial intelligence model, or a humanoid robot —but the message is the same every time: China is a tech juggernaut. Some credit China’s economic model.

Beijing is fighting to limit the damage from a pattern of price wars and excess capacity across multiple industries.

China's over-reliance on investment and exports to power its $19 trillion economy appears to have reached a limit. Chinese leaders are signalling a sharper shift towards supporting consumption over the next five years as limited investment room and slowing exports have exposed vulnerabilities,