Treasury Secretary Janet Yellen said that China’s economic slowdown risks causing ripple effects across the global economy, though she doesn’t expect a recession in the U.S.
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China’s economy set to slow in Q2 as pressure from US tariffs mounts
China launches new spacesuits, other supplies to Tiangong space station
Sen. Rand Paul renews push for criminal probe of Fauci after startling Biden autopen use revealed
State Department cuts China policy staff amid major overhaul
Anthony Albanese to meet China’s President Xi Jinping and Premier Li Qiang in Beijing
Shenzhen exemplifies how patient capital fuels China’s innovation drive
China steps in as US pulls back from diplomacy, report says
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Yellen says China slowdown risks spillovers but no U.S. recession
Yellen says China slowdown risks spillovers but no American recession
The United States is on a “good path” to bring inflation down without a major weakening in the labor market, the treasury secretary said.
Yellen warns of ‘negative spillover’ from China’s economic slowdown
Treasury Secretary Janet Yellen warned that China’s economic slowdown risks “negative spillovers” into the U.S., but maintained a recession is unlikely.
China’s sluggish economic recovery
This was the year that the Chinese economy was meant to roar back to life. Its reopening, after draconian Covid-19 restrictions, was touted by financial markets as 2023’s biggest economic story. In some sense it…
China to Train 10,000 Engineers on Blockchain, AI and Big Data
Beijing plans to offer training to 10,000 engineers per year in emerging technologies, including blockchain, artificial intelligence (AI), and big data. Despite its crypto ban, the world’s second most …
China slams planned US visit of ‘separatist’ Taiwan presidential frontrunner
China reacted with anger on Monday to a planned visit next month to the United States by “separatist” Taiwan presidential frontrunner Vice President William Lai, as the government in Taipei said it saw no reason…
U.S. chip lobby presses Biden to refrain from further China curbs
The U.S.-based Semiconductor Industry Association trade group on Monday called on the Biden administration to “refrain from further restrictions” on chip sales to China as chief executives from the biggest U.
Typhoon Talim lands in southern China, flights and trains cancelled
Typhoon Talim became the first typhoon to make landfall in China this year on Monday evening, prompting authorities to issue flood warnings, cancel flights and trains, and order people to stay at home.
China’s property market is shrinking at a faster pace, dragging further on the economy
Property sales dropped 28.1% in June, while investment in the sector also took a hit, as GDP growth in the second quarter disappointed.
China boosts R&D for computing power infrastructure amid US technology blockage
A staff member inspects the operating status of the micro module room in Guian Data Center of China Unicom in Guian New Area, southwest China’s Guizhou Province, on May 23, 2023. Photo: Xinhua …
CHINA UNICOM Chair Said to be Transferred to National Data Bureau as First Head
Chairman and CEO Liu Liehong will be transferred to the National Data Bureau as the first head, Sina Tech reported.
Thanks to communism, China’s economy may never outpace American dominance
Despite the Biden administration’s humiliating displays of homage to the bureaucrats in Beijing, the Chinese Communist Party may very well need the grace and favor of the West, and the United States …
China Evergrande liabilities fall in 2022, but board sees doubt as ‘going concern’
China Evergrande’s (EGRNF) total assets slid by 13%, outpacing its total liabilities decline of 5.5% in 2022, the debt-hobbled Chinese property developer disclosed in its …
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