China’s exports tumbled 12.4 per cent in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation even as Chinese leaders struggled to keep a post-COVID recovery from faltering.

Customs data released Thursday showed

Higher interest rates and recent wage spikes could adversely affect economic targets, said the chair of EPOC, even while asserting that the salary increase for the political director was overdue.

“We have to pay close attention so that our growth targets

A 26 per cent or $30.7-billion increase in total government expenditure, largely driven by the recent public sector compensation exercise, stood among the key highlights of the fiscal performance review delivered by the Economic Programme Oversight Committee