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U.S. Treasury Secretary Janet Yellen attends a press conference at U.S. Ambassador’s residence in Beijing on April 8, 2024. Pedro Pardo | Afp | Getty Images BEIJING — U.S. Treasury Secretary Janet Yellen said Monday that future discussions between the U.S. and China will focus on Beijing’s need to shift its policy on industry and the economy. […]
BEIJING (Reuters) -China’s commerce minister kicked off a trip to Europe by meeting top Chinese automakers BYD and CATL, as he prepares to discuss an ongoing probe by the bloc into whether China’s EV industry has benefited from unfair subsidies. Wang Wentao held a roundtable meeting in Paris on Sunday with representatives from more than […]
36 Mins Ago China’s central bank announces $70 billion ‘re-loan’ program to support tech SMEs The People’s Bank of China has announced a “re-loan” program of 500 billion yuan ($70 billion) for technological innovation and transformation to support small and medium-sized tech enterprises. A re-loan program uses funds lent by . . .
U.S. Treasury Secretary Janet Yellen shakes hands with Chinese Premier Li Qiang at the Great Hall of the People in Beijing on April 7, 2024, as Yellen begins two days of high-level talks in Beijing. Tatan Syuflana | Afp | Getty Images U.S. Treasury Secretary Janet Yellen told Chinese Premier Li Qiang on Sunday that the ability […]
MANILA, Philippines (AP) — The United States, Japan, Australia and the Philippines will hold their first joint naval exercises, including anti-submarine warfare training, in a show of force Sunday in the South China Sea where Beijing’s aggressive actions to assert its territorial claims have caused alarm. The four treaty allies and security partners are holding […]
Recent clashes between the Philippines and China in the South China Sea have raised concerns of a maritime escalation. The Philippines has said that two Chinese coastguard ships “harassed” Filipino fishing vessels within its exclusive economic zone (EEZ) in the disputed South China Sea, ahead of joint military drills with its allies. The coastguard vessels […]
GUANGZHOU, China (AP) — The U.S. and China agreed to hold talks that will address a key American complaint about China’s economic model, Treasury Secretary Janet Yellen said on the second day of an official visit to China. The two sides will hold more talks and create two new economic groups dedicated to growth in […]
U.S. Treasury Secretary Janet Yellen shakes hands with China’s Vice Premier He Lifeng before a dinner in the southern Chinese city of Guangzhou, on April 5, 2024. Pedro Pardo | Afp | Getty Images U.S. Treasury Secretary Janet Yellen comments on China’s excess manufacturing capacity seek to rehash “China threat” rhetoric and appear to create a pretext […]
(Bloomberg) — Treasury Secretary Janet Yellen chided China for “unfair” treatment of American and other foreign companies and said its factories risk producing more than the world can easily absorb, as she began a four-day visit to the country. Most Read from Bloomberg China has pursued “unfair economic practices, including imposing barriers to access for […]
US treasury secretary says market-based reforms will aid world’s second largest economy. United States Treasury Secretary Janet Yellen has warned that China is too large to try to export its way to rapid growth and would benefit by reducing excess industrial capacity that is pressuring other economies. Yellen said on Friday during a visit to […]