Yellen to meet Chinese official in bid to ease tensions

Jan 16 23

Yellen to meet with Chinese finance minister in Switzerland: WASHINGTON (AP) — Treasury Secretary Janet Yellen will meet with her Chinese counterpart ...

apnews.com/article/biden-g-20-summit-us-department-of-the-treasury-xi-jinping-janet-yellen-7bff21911bcd23c9b569eca0b30d136c

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21

The Hill (newspaper)

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Jan 16 23

Yellen to meet Chinese finance minister : Treasury Secretary Janet Yellen will meet with China’s finance minister, Vice Premier Liu He ...

thehill.com/homenews/administration/3814970-yellen-to-meet-chinese-finance-minister/

0

70

Axios (website)

B+

Jan 16 23

Janet Yellen to meet with China's vice premier in Switzerland: It's a short stop on her way to Africa for some soft diplomacy

axios.com/2023/01/16/yellen-china-vice-premier-meeting

0

3

Financial Times

A-

Apr 17

US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy

ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0

Quick Glance: IMF Warns of Fiscal Deficits in US and China

The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.

Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.

In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.

The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.

322

Apr 18

China’s Solar Surge Is Making a Missing Power Data Problem Worse: The boom in renewable energy installations in China is exacerbating a problem measuring power ...

bloomberg.com/news/articles/2024-04-18/china-s-solar-surge-is-making-a-missing-power-data-problem-worse

21

19h

Electric cars, solar panels and wind turbines: dispute over China's overcapacity: Is China flooding the world with cheap solar panels, wind turbines or electric ...

nzz.ch/meinung/chinas-exporte-das-westliche-jammern-ist-scheinheilig-ld.1826559

38

Apr 18

Iran oil exports hit 6-year high as west prepares sanctions: Surge in crude sales to China exposes limits of US and EU attempts to rein in Islamic republic

ft.com/content/00bb5653-e9aa-4af1-8f9e-705137947b32

Quick Glance: Iran's Oil Exports Thrive Amid Rising Tensions

Iran is exporting more oil than in the past six years, providing the economy with a $35 billion annual boost, as western countries consider tightening sanctions in response to the attack on Israel.

The US and the EU are preparing new sanctions on the Islamic republic to deter conflict escalation with Israel, facing challenges due to Iran's successful circumvention of sanctions, especially with China being its primary customer.

Iran has found ways to bypass sanctions, shielded from western pressure as its main oil exports go to China. Tensions have escalated since the Hamas attack on Israel, driving oil prices up by over 15%, while US efforts to sanction individual tankers carrying Iranian oil have had minimal impact so far.

Mounting Republican pressure urges the Biden administration to take tougher action on Iran's oil sales, with criticism over perceived leniency on existing measures. Despite US strategic oil reserves being released to stabilize prices, concerns remain over the administration's stance on enforcing sanctions similar to the previous Trump administration.

133

Apr 16

China’s GDP jumps 5.3% in first quarter: Growth rate beats expectations as Beijing tries to steer manufacturing-led economic revival

ft.com/content/211467a7-5f5f-4cc7-b6fd-cd4a34eb582e

189

Apr 19

Apple removes WhatsApp, Threads from China app store on government order

65

Apr 18

Yellen calls Republican delays in approving Ukraine aid inexcusable: U.S. Treasury Secretary Janet Yellen on Wednesday underscored the Biden administration's ...

100

Apr 18

China Reiterates Need for Steady Yuan (CNY USD) as Dollar Strengthens: China reiterated the need to prevent one-sided moves in the yuan, as a resurgent dollar ...

bloomberg.com/news/articles/2024-04-18/china-reiterates-need-for-steady-yuan-amid-fragile-confidence

13

Apr 14

Yellen Says Nothing Off Table in Response to China Overcapacity: Treasury Secretary Janet Yellen said the US wouldn’t take “anything off the table” in response ...

bloomberg.com/news/articles/2024-04-14/yellen-says-nothing-off-table-in-response-to-china-overcapacity

30

Apr 19

Nearly half of China's major cities are sinking, researchers say: Nearly half of China's major cities are suffering "moderate to severe" levels of subsidence ...

reuters.com/world/china/nearly-half-chinas-major-cities-are-sinking-researchers-say-2024-04-18/

59

Apr 19

The German chancellor’s awkward meeting with China’s boss: It is time for Xi Jinping to accept that Germany isn’t America’s puppet

economist.com/europe/2024/04/18/the-german-chancellors-awkward-meeting-with-chinas-boss

275

Apr 19

Apple removes WhatsApp, Threads from China app store on government order: Apple removed Meta Platforms' WhatsApp and Threads from its App Store in China on ...

27

Apr 16

China’s Growing Plastics Dominance Is Squeezing Out Asian Rivals: China’s rapidly expanding petrochemicals industry is making life increasingly difficult for ...

bloomberg.com/news/articles/2024-04-16/china-s-growing-plastics-dominance-is-squeezing-out-asian-rivals

17

15h

Chinese Central Bank Governor Downplays Yuan, Deflation Risks After GDP Surprise: China’s central bank governor Pan Gongsheng downplayed risks from deflation and ...

bloomberg.com/news/articles/2024-04-19/pboc-governor-downplays-yuan-deflation-risks-after-gdp-surprise

6

Apr 12

US Set to Ring Alarm Bells Over Chinese Industry on World Stage: US Treasury Secretary Janet Yellen warned China’s leaders that the nation’s manufacturing power ...

bloomberg.com/news/articles/2024-04-12/us-set-to-ring-alarm-bells-over-chinese-industry-on-world-stage

37

Apr 15

Tesla to cut 10% of global workforce: About 14,000 jobs set to go as brutal price war and EV slowdown hit US automaker

ft.com/content/76985413-9fcd-4ce3-aaa0-b785539c116d

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19

The Wall Street Journal

B

Apr 17

IMF Warns Surge in U.S., China Debt Could Have ‘Profound’ Impact on Global Economy

wsj.com/economy/global/imf-warns-surge-in-u-s-china-debt-could-have-profound-impact-on-global-economy-c3758d81

11

Apr 17

Million-Dollar Jobs for Star Analysts at Risk in China Research Pullback: Brokerage analysts in China are confronting a harsh new reality.

bloomberg.com/news/articles/2024-04-17/million-dollar-analyst-jobs-at-risk-in-china-research-pullback

6

Apr 19

Foreign Investment in China Falls With Cloud Over Growth Outlook: Foreign investment into China slowed for a third straight month in March compared to the same ...

bloomberg.com/news/articles/2024-04-19/foreign-investment-in-china-falls-with-cloud-over-growth-outlook

4

Apr 16

China Extends Clean-Tech Dominance Over US Despite Biden's IRA Blueprint: There are fresh warning signs for American supply chains in solar ...

bloomberg.com/news/newsletters/2024-04-16/china-extends-clean-tech-dominance-over-us-despite-biden-s-ira-blueprint

7

Apr 16

China’s Rising Youth Unemployment Needs Attention, Official Says: China’s rising youth unemployment rate needs more scrutiny, a government official warned ...

bloomberg.com/news/articles/2024-04-16/china-s-rising-youth-unemployment-needs-attention-official-says

9

Apr 16

China’s Big Data Release to Show If Economy Rebounded

bloomberg.com/news/live-blog/2024-04-16/china-quarterly-gdp-key-data

12

Apr 15

New LME Russia Metals Sanctions to Drive Sales to China: US and UK sanctions on Russian metals will cement China as Moscow’s buyer of last resort for key ...

bloomberg.com/news/articles/2024-04-15/new-sanctions-on-russia-to-drive-even-more-metals-sales-to-china

14

Apr 16

EU Gets Tougher With China After Being Played : Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European ...

bloomberg.com/news/newsletters/2024-04-16/eu-gets-tougher-with-china-after-being-played

11

14h

U.S., China to Cooperate in the Fight Against Dirty Money: The U.S. and Chinese governments have started working together to fight money laundering in their ...

wsj.com/articles/u-s-china-to-cooperate-in-the-fight-against-dirty-money-1edb9a25

Quick Glance: U.S., China Collaborate Against Money Laundering

The U.S. and Chinese governments are working together to combat money laundering in their financial systems.

A new agreement allows officials from both countries to meet regularly and share information on enforcement actions.

The goal is to close financial system loopholes by sharing best practices.

The agreement was established during the visit of U.S. Treasury Secretary Janet Yellen to China.

9

Apr 15

What China Economists Are Watching to Gauge If Economic Rebound is Real: The world’s second-largest economy started the year on solid footing ...

bloomberg.com/news/articles/2024-04-15/here-are-five-things-china-economists-are-watching-to-gauge-if-rebound-is-real

16

Apr 17

Five Things You Need to Know to Start Your Day: Asia: Good morning. US stocks suffer longest losing streak since January. Russia and China seen dialing back ...

bloomberg.com/news/newsletters/2024-04-17/five-things-you-need-to-know-to-start-your-day-asia

Quick Glance: Joe Biden Calls for Significant Increase in Tariffs on Chinese Steel

US President Joe Biden is pushing for an increase in tariffs on Chinese steel and aluminium to strengthen union support in the swing state of Pennsylvania.

During a meeting with United Steelworkers union members in Pittsburgh, Biden calls on trade representative Katherine Tai to raise the tariffs from the current average of 7.5 percent.

The main focus of the measures is to combat China's new export surge and the ongoing price pressure that makes it difficult for American steel companies to compete.

The Biden administration's decision to increase tariffs is expected to impact recent efforts by Washington and Beijing to stabilize relations.

7

20h

US slaps sanctions on entities that raised funds for West Bank settlers: The United States on Friday imposed sanctions on two entities that it said helped raise ...

reuters.com/world/us/us-slaps-sanctions-entities-that-raised-funds-west-bank-settlers-2024-04-19/

22

Apr 19

China opens new air routes near Taiwanese islands: China's aviation regulator said on Friday it had opened new air routes to the Chinese cities of Xiamen and ...

reuters.com/world/asia-pacific/china-opens-new-air-routes-near-taiwanese-islands-2024-04-19/

24

Apr 16

China’s GDP grows 5.3% in the first quarter of 2024: China’s economy grew stronger than expected at the start of this year, partly thanks to robust factory ...

cnn.com/2024/04/15/business/china-q1-gdp-growth-intl-hnk/

Quick Glance: China's Economy Surprisingly Strong in Q1 2024

China's economy experienced stronger growth than anticipated in the first quarter of this year, primarily due to the thriving high-tech manufacturing sector.

In the initial quarter, industrial production saw a 6.1% increase compared to the previous year, driven by the flourishing high-tech industry. Notably, the manufacturing of 3D printing devices, electric vehicle charging stations, and electronic components surged by approximately 40% year-over-year.

A recent official report highlighted a rise in China's manufacturing purchasing managers' index during the first quarter, marking the first increase in six months. Moreover, the Caixin/S&P Manufacturing PMI, a privately conducted survey, achieved its highest level in over a year as foreign demand grew.

China's economy grew by 5.2% in 2023. Despite a significant improvement from the previous year, it still represented one of the country's weakest economic performances in more than thirty years.

1k

Apr 17

Yellen Meets Japan, South Korea Finance Ministers to Discuss Finance Cooperation: US Treasury Secretary Janet Yellen took note of worries between her Japanese ...

bloomberg.com/news/articles/2024-04-17/us-japan-south-korea-triad-extends-to-finance-in-yellen-sitdown

10

23h

Sanctions on Russian Metal Will Test the Limits of Its Epic Railroads: Moscow officials have turned east. Adapting the country’s vast logistics networks is ...

bloomberg.com/news/newsletters/2024-04-19/sanctions-on-russian-metal-will-test-the-limits-of-its-epic-railroads

4

Apr 11

China Consumer Price Gains Fade With Industry Stuck in Deflation: China’s consumer prices barely increased from a year earlier last month and industrial prices ...

bloomberg.com/news/articles/2024-04-11/china-consumer-price-gains-fade-with-industry-stuck-in-deflation

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CNA Apr 19

Apple pulls WhatsApp, Threads from China app store after Beijing order: Apple said on Friday (Apr 19) it had removed Meta Platforms' WhatsApp and Threads from ...

channelnewsasia.com/business/apple-pulls-whatsapp-threads-china-app-store-after-beijing-order-4277036

204

4h

China's March fuel oil exports fall 32% y/y: China's exports of marine fuel oil fell 32% in March from a year earlier to 1.32 million metric tons ...

reuters.com/world/china/chinas-march-fuel-oil-exports-fall-32-yy-2024-04-20/

34

Apr 16

Japan’s China Reckoning: Why Tokyo Must Strengthen Its Ties to Democratic Allies: Why Tokyo must strengthen its ties to democratic allies.

foreignaffairs.com/china/japans-china-reckoning

14

Apr 18

The West says China makes too much. Its workers disagree: Migrants are caught in China's manufacturing battles with the West, as Beijing tries to save its ...

bbc.com/news/world-asia-china-68838219

360

1h

Musk says Tesla's Full Self-Driving may enter China very soon: Tesla chief Elon Musk on Saturday said the electric-vehicle (EV) maker may make Full Self-Driving ...

reuters.com/business/autos-transportation/musk-says-teslas-full-self-driving-may-enter-china-very-soon-2024-04-20/

109

Apr 12

China’s Credit Expansion Keeps Slowing as Loans Disappoint: China’s credit expansion continued to slow in March and banks extended less loans than expected ...

bloomberg.com/news/articles/2024-04-12/china-s-credit-expansion-beats-expectations-in-march

13

Apr 17

Apple might start making iPhones in Indonesia, CEO Tim Cook says: Apple's chief executive met with Indonesia's president as the company continues a manufacturing ...

qz.com/apple-iphone-manufacturing-indonesia-china-tim-cook-1851415318

1

Apr 15

Five Things You Need to Know to Start Your Day: Asia: Good morning. Tensions simmer in the Middle East. US stocks fall below key threshold ...

bloomberg.com/news/newsletters/2024-04-15/five-things-you-need-to-know-to-start-your-day-asia

6

Apr 16

China's Q1 GDP grows faster than expected on policy support: China's economy grew faster-than-expected in the first quarter, data showed on Tuesday ...

47

Apr 12

China exports decline by 7.5%, far more than forecast: BEIJING -- China's exports in March decelerated sharply after four months of growth ...

asia.nikkei.com/Economy/Trade/China-exports-decline-by-7.5-far-more-than-forecast

193

16h

US sanctions two groups over fundraising for Israeli extremists in West Bank: The Biden administration announced Friday it is imposing sanctions on two groups ...

thehill.com/policy/international/4605095-us-sanction-israeli-extremists-west-bank/

80

Apr 18

“They are cheating”: US President Biden wants to increase tariffs on Chinese steel

spiegel.de/wirtschaft/unternehmen/dumpingvorwuerfe-an-china-us-praesident-joe-biden-will-zoelle-auf-stahl-erhoehen-a-19a45d4c-627a-453c-9413-ec63e1d619d2

22

Apr 16

The shadow of war darkens on the global economy: Short-term performance has been surprisingly good but policymakers are walking on eggshells

ft.com/content/31158ec7-433b-4c0e-9f2e-8a13e8dd4750

1 similar article

50

4

thenextweb 21h

UK mulls fresh controls on 'sensitive tech' after China cyber attack claim: Britain is exploring new curbs on China's access to "sensitive ...

thenextweb.com/news/uk-sensitive-tech-china-cyberespionage

1

Apr 16

China economy grows faster than expected in first quarter: Official figures also highlighted the challenges faced by the country's crisis-hit property sector.

bbc.com/news/business-68823396

410

Apr 18

China foreign ministry welcomes Blinken's visit to China as tensions simmer: China's foreign ministry on Thursday welcomed U.S. Secretary of State Antony ...

reuters.com/world/china-foreign-ministry-welcomes-blinkens-visit-china-tensions-simmer-2024-04-18/

18

Apr 19

China set to keep lending benchmark LPRs unchanged in April: China is widely expected to leave benchmark lending rates unchanged on Monday ...

reuters.com/world/china/china-set-keep-lending-benchmark-lprs-unchanged-april-2024-04-19/

20

Apr 16

Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’

ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731

57

Apr 16

Why it’s China’s turn now: In the second half of the 20th century, scholars and macrohistorians like Alvin Toffler, Francis Fukuyama and Paul Kennedy developed ...

asiatimes.com/2024/04/why-its-chinas-turn-now/

18

Apr 18

China’s better economic growth hides reasons to worry: The country’s leaders are too complacent about deflation

economist.com/finance-and-economics/2024/04/16/chinas-better-economic-growth-hides-reasons-to-worry

75

33m

Bloomberg New Economy: IMF Scrutinizes US Economy Instead of Going After China: As the US delegation looked to the annual springtime gathering of finance chiefs ...

bloomberg.com/news/newsletters/2024-04-20/bloomberg-new-economy-imf-scrutinizes-us-economy-instead-of-going-after-china

2

Apr 06

Yellen, China’s He Agree to Talks Aimed at ‘Balanced Growth’: US Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng agreed to set in motion ...

bloomberg.com/news/articles/2024-04-06/yellen-china-s-he-commit-to-talks-focused-on-balanced-growth

39

Apr 18

US complains China hurts shipbuilding, steel firms: The Biden administration unveiled new measures to protect the US shipbuilding and steel industries from being ...

asiatimes.com/2024/04/us-complains-china-hurts-shipbuilding-steel-firms/

4

Apr 07

Yellen Delivers Sharp Message to China’s Leaders With a Smile: US Treasury Secretary Janet Yellen will meet China’s central bank chief and former economic czar ...

bloomberg.com/news/articles/2024-04-07/yellen-advances-us-china-ties-despite-tough-criticism-on-exports

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Quick Glance: China and U.S. to Engage in Intensive Talks on Economic Balance

US Treasury Secretary Janet Yellen announced intensive talks with China to address America's competitive disadvantages.

Both sides will engage in intensive discussions on balanced economic growth and initiate exchanges on combating money laundering.

Yellen emphasized the importance of addressing American concerns regarding overcapacity in Chinese production.

The meetings will be held under existing economic and financial working group frameworks to address balanced growth and money laundering.

19

Apr 10

India’s Economic Growth is Speeding Up While China’s is Slowing: On today’s Big Take Podcast: India wants to overtake China as the world’s fastest-growing ...

bloomberg.com/news/articles/2024-04-10/india-s-economic-growth-is-speeding-up-while-china-s-is-slowing

16

Apr 18

Supply Chain Latest: Resilience of US Economy: The US economy seems to be weathering the recent spate of supply disruptions with few signs that worrisome ...

bloomberg.com/news/newsletters/2024-04-18/supply-chain-latest-resilience-of-us-economy

5

Apr 17

Oil prices dip as demand concerns outweigh Middle East supply fears: Oil prices eased in early trade on Wednesday as worries about global demand due to weak ...

reuters.com/business/energy/oil-prices-dip-demand-concerns-outweigh-middle-east-supply-fears-2024-04-17/

15

Apr 18

Foreign holdings of US Treasuries hit record high; Japan holdings rise, data shows

reuters.com/markets/us/foreign-holdings-us-treasuries-hit-record-high-japan-holdings-rise-data-shows-2024-04-17/

30

Apr 13

Bloomberg New Economy: China Heads Down Japan’s Troubled Macro-Policy Path: The argument that China is following in Japan’s three-decade old footsteps down the ...

bloomberg.com/news/newsletters/2024-04-13/bloomberg-new-economy-china-heads-down-japan-s-troubled-macro-policy-path

10

Apr 16

And Scholz smiles painfully: The chancellor in China: three bitter insights: It's good that Chancellor Olaf Scholz traveled to China. Unfortunately ...

n-tv.de/politik/Der-Kanzler-in-China-Drei-bittere-Erkenntnisse-article24877932.html

Quick Glance: Scholz Organizes Crisis Diplomacy in China

Scholz condemns Iran's attacks on Israel and plans crisis communication with G7 partners.

China trip focusing on economy and geopolitical role, despite dilemma in relations.

Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.

Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.

126

Apr 17

At Chinese trade fair, exporters despair their goods are 'as cheap as cabbage': Wu Huazhan's Chinese television factory used to impose minimum orders to manage ...

reuters.com/markets/commodities/chinese-trade-fair-exporters-despair-their-goods-are-as-cheap-cabbage-2024-04-16/

22

Apr 12

Lula Reunites With Billionaire JBS Brothers as Brazil’s China Ties Deepen: The billionaire Batista brothers’ stunning comeback is thrusting them into Brazil’s ...

bloomberg.com/news/articles/2024-04-12/lula-reunites-with-billionaire-jbs-brothers-as-brazil-s-china-ties-deepen

15

Apr 19

Malaysia Economic Growth Accelerates, Signaling Recovery in 2024: Malaysia’s economy quickened by the most in a year, signaling that firmer recovery is underway ...

bloomberg.com/news/articles/2024-04-19/malaysia-s-growth-accelerates-signaling-recovery-in-2024

2

Apr 17

ASML Q1 bookings miss forecast, but China sales hold up: ASML , the largest supplier of equipment to computer chip makers, reported weaker than expected ...

reuters.com/technology/asml-reports-q1-earnings-13-billion-worse-than-expected-new-bookings-2024-04-17/

93

Apr 14

ADB Says Developing Asia Set for Growth as China’s Economy Slows: Much of developing Asia outside of China is poised for expansion in the next two years as ...

bloomberg.com/news/articles/2024-04-11/adb-says-developing-asia-set-for-growth-as-china-s-economy-slows

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Quick Glance: ADB Forecasts Developing Asia Growth at 4.9% in 2024, Risks Persist

ADB raised its growth forecast for Developing Asia to 4.9% in 2024, highlighting ongoing challenges like escalating geopolitical tensions.

China remains a concern for regional growth due to a prolonged property crisis and other issues.

The ADB predicts regional inflation to decrease to 3.0% by 2025.

Detailed GDP growth and inflation forecasts for various Asian countries were also provided.

5

Apr 19

China's steel sector has bigger worries than Biden tariff hike: U.S. President Joe Biden's push to triple tariffs on Chinese steel imports strikes a mostly ...

reuters.com/markets/commodities/chinas-steel-sector-has-bigger-worries-than-biden-tariff-hike-2024-04-19/

15

Apr 16

IMF Steps Up Its Warning to US Over Ballooning Debt

bloomberg.com/news/articles/2024-04-16/imf-steps-up-its-warning-to-us-over-ballooning-debt

2

Apr 11

Trump megadonor John Paulson warns against ‘decoupling’ from China: Hedge fund billionaire is considered possible pick for Treasury secretary

ft.com/content/5a4cb6e6-61a9-47be-ad2f-894e155d58df

138

Apr 03

Cyprus and U.S. to form partnership to combat financial crime - ICIJ: The two countries are finalizing an agreement under which the U.S. Justice Department and ...

icij.org/investigations/cyprus-confidential/cyprus-and-u-s-to-form-partnership-to-combat-financial-crime/

171

Apr 16

China's Q1 GDP growth surpassed expectations, data shows: China's economy grew faster than it was forecast in the first quarter, data released on Tuesday ...

foxbusiness.com/economy/chinas-q1-gdp-growth-surpassed-expectations-data-shows

405

Apr 16

U.S. to hit Iran with fresh sanctions after Israel attack: It's a subtle message to Israel that there's more than one way to harm Tehran.

axios.com/2024/04/16/iran-sanctions-israel-biden-yellen

Quick Glance: Yellen warns of further sanctions in response to Iran's increasing activities

Treasury Secretary Janet Yellen warned of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won't hesitate to use their sanctions powers to address Iran's 'malign and destabilizing activity' in the region.

The fast-rising tensions between Iran and Israel and the potential implications of escalation on the global economy are at the forefront of the spring meetings of the International Monetary Fund and World Bank.

Yellen announced additional sanctions actions against Iran in the coming days and expressed support for liquidating roughly $300 billion in frozen Russian Central Bank assets for Ukraine's reconstruction.

Another major focus of this year's meetings will be Chinese industrial policy, which Yellen believes poses a threat to U.S. jobs and the global economy. She plans to meet with Chinese counterparts to identify potential areas of cooperation and address concerns.

58

Apr 02

Yellen Heads to China This Week to Press Beijing on Overcapacity: US Treasury Secretary Janet Yellen will this week travel to China for the second time in nine ...

bloomberg.com/news/articles/2024-04-02/yellen-heads-to-china-this-week-to-press-beijing-on-overcapacity

52

Apr 19

BASF boss Brudermüller: Germany is not out of the crisis, it is falling behind: Martin Brudermüller imagined his six years at the helm of the German chemical ...

nzz.ch/wirtschaft/basf-chef-brudermueller-2023-haben-wir-in-allen-maerkten-geld-verdient-ausser-in-deutschland-ld.1826608

34

Apr 16

China is a tale of at least two economies: An optimist will look at China’s latest GDP figures released on Wednesday and argue they signal that the best of times ...

reut.rs/4aMeiw2