China warns US against Pacific NATO
This post was originally published on this siteChina is cautioning against the U.S. supporting Taiwan and trying to build a Pacific version of NATO, as the crisis in Ukraine draws renewed attention to the status of the Asian island.China’s Foreign Minister Wang Yi claimed Monday that the “real…
China’s export boom is slowing, raising pressure for stimulus
This post was originally published on this site HONG KONG – China’s strong export momentum has waned slightly in the first two months of this year as the global boom in demand for the country’s pandemic weakens, adding to pressure on policymakers to boost growth. Exports in January and February...
China calls Russia its chief ‘strategic partner’ despite war
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China won’t sanction Russia over Ukraine
This post was originally published on this siteChina confirmed on Wednesday that it will not impose any financial sanctions on Russia over the nation’s invasion of Ukraine last week.Guo Shuqing, the chairman of the China Banking and Insurance Regulatory Commission, said China was opposed to…
China Inflation Eases as Economy Could Use a Boost
This post was originally published on this siteWith no risks seen from rising prices, the door is open for policy easing to help growth.
Senators introduce bipartisan bill targeting forced labor in supply chain
This post was originally published on this siteSenators introduce bipartisan bill targeting forced labor in supply chain
House to vote on bill to invest in manufacturing and research and counter China’s influence
This post was originally published on this siteThe House is expected to vote on Friday on a bill that would make sweeping investments in American manufacturing and scientific research as well as changes to trade policy in an effort to make the US more competitive on the global stage and...
Biden builds toward a much-needed bipartisan Capitol Hill victory — on China
This post was originally published on this siteAfter months of frustration, White House officials are suddenly looking at a rare opportunity on Capitol Hill — the chance to pass something important with the support of both Democrats and Republicans.
Growth forecasts sharply lower for US and China in 2022
This post was originally published on this siteThe IMF says the global economy is entering 2022 in a weaker position than previously expected.