In a news release on Friday morning, China's National Bureau of Statistics reported its economy grew 5% in 2024 from a year ago, meeting its official target. Analysts polled by Reuters had expected China's full-year GDP growth to come in at 4.

Sales of consumer goods grew a moderate 3.5 percent, while hospitality sectors continued to outperform discretionary segments such as apparel, gold and jewelry.

The fall came despite a slight rise in births last year, the first increase since 2016. State efforts to cajole women to have children have met resistance.

China’s population has fallen for the third straight year, pointing to further demographic challenges for the world’s second most populous nation that is now facing both an aging population and an emerging shortage of working age people able to support their elders.

China’s population continued to decline last year—though births edged up for the first time in eight years—falling for a third straight year as deaths outpaced births.China had seen birth numbers plummet since 2017,

The US Treasury Department announced in a letter back in December that it had been the victim of a security breach, attributing it to a “China state-sponsored Advanced Persistent Threat actor.” Now we know more about the extent of the hack,

U.S. Treasury Secretary Janet Yellen's computer was hacked and unclassified files were accessed as part of a broader breach of the Treasury Department by Chinese state-sponsored hackers, Bloomberg News reported on Thursday,