to respond to local government debt and real estate troubles. another priority is to get financial regulators to work more closely together so they can co ordinate the event of an economic shock. janet yellen is slowly emerging as a key player in the biden administration s handling of this challenging relationship between the world s two superpowers and she said she plans to visit china again and she said she plans to visit china again next year, her second visit since july. china industrial output grew 6%, faster than the 4.6% gain in october. retail sales also grew but missed forecast chinese consumers have been reluctant to spend amid a deepening crisis in the country s property sector and economic slowdown. a majorfault line between washington and beijing is the race to develop semiconductors. chips power everything from smartphones to military highend equipment and are increasingly seen as crucial to the global economy. south korea and the netherlands two keynotes south
Real estate and private investment continued to drag on China’s economy in the first 11 months of the year, and while retail sales rose in November, challenges remain amid an uneven recovery.
China's economy rebounded at a faster than expected pace in the first quarter on robust consumption and industrial production, thanks to the lifting of zero-Covid policy.