China’s factory activity growth misses expectations as experts decry insufficient stimulus measures newsthirst.

A worker welds at an agricultural machinery manufacturing enterprise in Qingzhou Economic Development Zone in Qingzhou, China, on August 31, 2024. Costfoto | Nurphoto | Getty Images China’s November factory activity growth missed analysts’ expectations Tuesday, signaling that Beijing’s stimulus measures were not sufficient to meaningfully boost the country’s ailing economy. The country’s official purchasing…

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US Treasury says it was hacked by China in ‘major incident’ newsthirst.

A Chinese state-sponsored hacker has broken into the US Treasury Department’s systems, accessing employee workstations and some unclassified documents, American officials said on Monday. The breach occurred in early December and was made public in a letter penned by the Treasury Department to lawmakers notifying them of the incident. The US agency characterised the breach…

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