China Defends 3% Deficit Plan as Credit Outlook Turns Negative
China’s finance ministry defends its 3% deficit ratio for 2024 as Fitch Ratings downgrades the country’s credit outlook, emphasizing sustainable growth and strategic debt management.
GlobalEconomy
Yellen’s China Trip: A Step Towards Stabilizing US-China Ties Amid Uncertainty
U.S. Treasury Secretary Janet Yellen’s recent trip to China aims to stabilize US-China relations amid economic competition, launching new initiatives to foster cooperation.
Understanding U.S. Concerns Over China’s Clean Energy Overcapacity
U.S. Treasury Secretary Janet Yellen accuses China of overcapacity in clean energy sectors, sparking debates on global markets and climate solutions.
Chinese Mainland GDP Growth Projected at 5.3% in 2024: ASEAN+3 Report
AMRO reports the Chinese mainland’s GDP is projected to grow by 5.3% in 2024, up from previous forecasts. ASEAN+3 economies are also expected to see increased growth this year.
China’s EV Boom Driven by Innovation, Not Subsidies: Commerce Minister
China’s Commerce Minister asserts that the rapid growth of Chinese EV manufacturers is fueled by innovation and robust supply chains, not subsidies, emphasizing their role in global green transformation.
China and U.S. Leaders Advocate Partnership for Mutual Growth
Chinese Premier Li Qiang and U.S. Treasury Secretary Janet Yellen discuss strengthening China-U.S. partnership, economic cooperation, and joint efforts on global challenges.
China’s Vice Premier Meets U.S. Treasury Secretary to Strengthen Economic Ties
Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Janet Yellen engage in productive talks to enhance China-US economic relations and address global economic challenges.
China-France Economic Partnership Celebrates 60 Years, Boosting Global Growth
Celebrating 60 years of diplomatic ties, China and France deepen their economic partnership, driving growth and global recovery.
Foreign CEOs Embrace China’s Booming Market Despite Criticisms
Discover why foreign CEOs are increasingly investing in China’s dynamic market despite international criticisms and how China’s economy continues to thrive.
U.S. Treasury Secretary Janet Yellen to Visit the Chinese Mainland
U.S. Treasury Secretary Janet Yellen is set to visit the Chinese mainland from April 4 to 9, marking a significant step in bilateral economic discussions.