China’s December imports records a surprise jump, exports beat expectations newsthirst.

An aerial view of a container ship leaving the dockyard in Qingdao in east China’s Shandong province. Future Publishing | Future Publishing | Getty Images China’s exports and imports in December beat expectations by a large margin, data from the country’s customs authority showed Monday, with exporters continuing to frontload shipments ahead of U.S. President-elect…

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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 economy grew at solid 2.8% pace last quarter on strength of consumer spending, but misses expectations newsthirst.

The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Shoppers and pedestrians on Broadway in the Soho neighborhood of New York, US, on Monday, Jan. 22, 2024. (Bloomberg) Wednesday’s report from the Commerce Department said the gross domestic…

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