Long the most populated country in the world, China dropped into second place behind India in 2023
The recovery after stringent pandemic restrictions were lifted was short-lived
The rating agency cited slowing economic growth and the property crisis
Merchandise trade down, services activity flat from previous quarter
Rate cuts to start materializing by mid-year
High rates and slowing growth weighs on corporate balance sheets
Leaders expected to maneuver to get slowing economy back on track
Factors that drove higher interest coverage appear to be in reverse
Unveils plans to reduce stamp duty on stock transactions, saying a vibrant stock market is vital to upholding the city's status as a financial hub
The world's second-largest economy beat expectations but economy slowing from previous quarter