Yue Su News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Lets start with china, because in the past few hours the worlds second biggest economy has just released its latest Economic Data. The countrys economy grew by 6. 5 in the Fourth Quarter compared to a year ago. That was slightly higher than many analysts had been predicting, with the markets forecasting that figure to be around 6 . And for the whole of 2020, the chinese economy grew by 2. 3 , which is its slowest pace since 1976. However very few countries are expected to show any signs of growth at all, given the damaging effects of covid 19. Were nowjoined by beijing by yue su whos an econom...

The last day of U.S. Secretary Janet Yellen's trip to China coincided with the strongest retort yet from Beijing officials over her claims that China is flooding global markets with cheap goods,... -April 10, 2024 at 07:25 pm EDT - MarketScreener

The last day of U.S. Secretary Janet Yellen's trip to China coincided with the strongest retort yet from Beijing officials over her claims that China is flooding global markets with cheap goods, particularly in the new green industries. As Yellen laid out plans to formalise dialogue with China over excess industrial capacity in electric vehicles (EVs), solar panels and batteries, saying Washington would not accept U.S. industry being "decimated", the Chinese finance ministry issued a statement saying it had already "fully responded" to her concerns. Commerce Minister...

China is worried about disorderly competition and low capacity utilization. But its trading partners fret over the rapid rise of overall capacity.

U.S. Treasury Secretary Janet Yellen wrapped up the fourth and final full day of her trip to China on Monday.