China's 2024 Travel Boom: Record Rail and Air Passenger Numbers Signal Economic Strength
In 2024, China saw record-breaking rail (4.08 billion trips, +10.8%) and air (730 million trips, +18%) travel fueled by strong economic activity and increased consumer spending, particularly in domestic tourism (4.24 billion trips, +15.3%).
China's 2024 Travel Boom: Record Rail and Air Passenger Numbers Signal Economic Strength
In 2024, China saw record-breaking rail (4.08 billion trips, +10.8%) and air (730 million trips, +18%) travel fueled by strong economic activity and increased consumer spending, particularly in domestic tourism (4.24 billion trips, +15.3%).
Progress
40% Bias Score
China's Robust Economic Growth in 2024
China's economy grew significantly in 2024, contributing almost 30 percent to global growth, driven by government support, increased consumer spending, record foreign investment, and a recovering property market.
China's Robust Economic Growth in 2024
China's economy grew significantly in 2024, contributing almost 30 percent to global growth, driven by government support, increased consumer spending, record foreign investment, and a recovering property market.
Progress
48% Bias Score
China Prioritizes Consumption Boost in 2025 Economic Policy
China's economic policy for 2025 prioritizes boosting domestic consumption through measures like issuing new bonds, implementing a moderately accommodative monetary policy, lowering interest rates, and increasing fiscal spending, aiming to address insufficient domestic demand and a relatively low co...
China Prioritizes Consumption Boost in 2025 Economic Policy
China's economic policy for 2025 prioritizes boosting domestic consumption through measures like issuing new bonds, implementing a moderately accommodative monetary policy, lowering interest rates, and increasing fiscal spending, aiming to address insufficient domestic demand and a relatively low co...
Progress
40% Bias Score
China's RMB 3 Trillion Stimulus Fuels Asian Equity Rally
Asian equities rose on increased Chinese stimulus, with Hong Kong and Mainland China outperforming due to a RMB 3 trillion special purpose bond issuance aimed at boosting consumption, exceeding expectations by RMB 2 trillion, and following the National Financial Work Conference's focus on domestic d...
China's RMB 3 Trillion Stimulus Fuels Asian Equity Rally
Asian equities rose on increased Chinese stimulus, with Hong Kong and Mainland China outperforming due to a RMB 3 trillion special purpose bond issuance aimed at boosting consumption, exceeding expectations by RMB 2 trillion, and following the National Financial Work Conference's focus on domestic d...
Progress
48% Bias Score
China Considers $40 Trillion Asset Shift to Boost Consumption
Chinese economists advocate using the government's $40 trillion in net assets to boost consumption by redirecting funds to education and social welfare, aiming to reduce inequality and stimulate spending, unlike developed nations where government assets comprise less than 5% of total social assets.
China Considers $40 Trillion Asset Shift to Boost Consumption
Chinese economists advocate using the government's $40 trillion in net assets to boost consumption by redirecting funds to education and social welfare, aiming to reduce inequality and stimulate spending, unlike developed nations where government assets comprise less than 5% of total social assets.
Progress
40% Bias Score
China's November Economic Data Shows Continued Growth
China's November economic data reveals continued growth, driven by a 8.2% surge in high-tech production investment and a 10.2% increase in high-tech services investment, suggesting the country is on track to meet its annual growth target of around 5%.
China's November Economic Data Shows Continued Growth
China's November economic data reveals continued growth, driven by a 8.2% surge in high-tech production investment and a 10.2% increase in high-tech services investment, suggesting the country is on track to meet its annual growth target of around 5%.
Progress
52% Bias Score
China's Economy Shows Resilience in 2024, Contributing Nearly 30% to Global Growth
In 2024, China's economy grew steadily, contributing nearly 30 percent to global growth, driven by government initiatives stimulating consumption (sales of white goods and autos increased by 22.2 percent and 6.6 percent respectively in November), attracting record foreign investment (52,379 foreign-...
China's Economy Shows Resilience in 2024, Contributing Nearly 30% to Global Growth
In 2024, China's economy grew steadily, contributing nearly 30 percent to global growth, driven by government initiatives stimulating consumption (sales of white goods and autos increased by 22.2 percent and 6.6 percent respectively in November), attracting record foreign investment (52,379 foreign-...
Progress
48% Bias Score
China Box Office Crumbles Amid Economic Slump
China's 2024 box office revenue fell 23% to $5.8 billion, defying expectations of increased spending on entertainment during economic downturns; reduced film production and weak consumer spending contributed to the decline.
China Box Office Crumbles Amid Economic Slump
China's 2024 box office revenue fell 23% to $5.8 billion, defying expectations of increased spending on entertainment during economic downturns; reduced film production and weak consumer spending contributed to the decline.
Progress
60% Bias Score
China Prioritizes Consumption-Driven Growth in 2025
In 2025, China will prioritize boosting domestic demand and consumption through expansionary fiscal and monetary policies, including increased deficits, special bonds, and rate cuts, aiming to leverage the 43.1 percentage point increase in final consumption expenditure's contribution to 2023's econo...
China Prioritizes Consumption-Driven Growth in 2025
In 2025, China will prioritize boosting domestic demand and consumption through expansionary fiscal and monetary policies, including increased deficits, special bonds, and rate cuts, aiming to leverage the 43.1 percentage point increase in final consumption expenditure's contribution to 2023's econo...
Progress
40% Bias Score
US Economy Poised for Continued Growth in 2025
The US economy is poised for continued growth in 2025, driven by a strong labor market, solid consumer spending, and anticipated interest rate cuts by the Federal Reserve, despite existing inflation and geopolitical risks.
US Economy Poised for Continued Growth in 2025
The US economy is poised for continued growth in 2025, driven by a strong labor market, solid consumer spending, and anticipated interest rate cuts by the Federal Reserve, despite existing inflation and geopolitical risks.
Progress
44% Bias Score
China's Economists Propose Using State Assets to Boost Consumption
Prominent Chinese economists advocate for using the government's substantial wealth (37.6 percent of total social wealth in 2022, totaling $40 trillion) to boost consumption by investing in social welfare and redistribution, addressing the country's low consumption rate.
China's Economists Propose Using State Assets to Boost Consumption
Prominent Chinese economists advocate for using the government's substantial wealth (37.6 percent of total social wealth in 2022, totaling $40 trillion) to boost consumption by investing in social welfare and redistribution, addressing the country's low consumption rate.
Progress
36% Bias Score
China's Industrial Output Rises, But Weak Retail Sales Raise Concerns
China's industrial output grew by 5.4% in November, exceeding expectations, but retail sales slowed to a three-month low of 3%, raising concerns about the sustainability of economic recovery amidst potential increases in US tariffs under a second Trump administration.
China's Industrial Output Rises, But Weak Retail Sales Raise Concerns
China's industrial output grew by 5.4% in November, exceeding expectations, but retail sales slowed to a three-month low of 3%, raising concerns about the sustainability of economic recovery amidst potential increases in US tariffs under a second Trump administration.
Progress
44% Bias Score