Yellen's sticks and carrots- POLITICO
The treasury secretary gave a speech on the international order that called out countries that “are currently sitting on the fence” on Russia’s invasion of Ukraine.
Source: politico.com
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Top News In Derek Scissors Today - Breaking & Trending Today
Is China About to Plunge the World Into Recession?
On Aug. 18, China’s stock market plummeted by a vertigo-inducing 6.2 percent in one day of trading, part of a months-long decline that’s erased over $3 trillion worth of market value from the country’s equity markets. That followed last week’s surprise decision to allow the value of the renminbi (RMB), China’s currency, to fall several percentage points against the U.S.
Source: chinafile.com
U.S., China to face off on Russia
National security adviser Jake Sullivan meets with his Chinese counterpart Yang Jiechi today to confront the Chinese government about what the U.S. sees as its tacit support for Russia’s invasion of Ukraine.
Source: politico.com
PolitiFact: 2022 candidates use China in their ads to sway voters
2022 candidates use ads vowing to be tough on China, or attacking rivals as too soft on China
Source: statesman.com
White House split delays plans for investment controls on China
National security officials want an executive order limiting American banks’ ability to invest in Chinese technology firms, but the Treasury and Commerce Departments are pushing back.
Source: politico.com