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China economy

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FILE PHOTO: For China and US Inc, Trump's trade war feels much worse this time

Economy Apr 13

How China is responding to pressure from Trump as trade war brews

By John Yang, Andrew Corkery, Gerard Edic

World Mar 05

National People's Congress opening session in Beijing
China targets economic growth of ‘around 5 percent’ despite looming trade war with U.S.

The Chinese government unveiled an annual economic growth target of “around 5 percent” on Wednesday, despite the possible negative impact of a looming trade war with the United States, and pledged to address what it called “sluggish” consumer spending at home.

By Simina Mistreanu, Ken Moritsugu, Associated Press

World Apr 16

People walk at a subway station during morning rush hour in Beijing
China’s economy saw unexpected 5.3% growth in first quarter, though weak areas remain

China's leaders have been trying to recalibrate growth away from investment spending and toward a greater reliance on consumer demand, similar to other major economies.

By Zen Soo, Associated Press

Economy Apr 07

U.S. Treasury Secretary Janet Yellen meets Chinese Premier Li Qiang in Beijing
U.S.-China relationship on ‘more stable footing,’ Yellen says, but more improvement expected

U.S. Treasury Secretary Janet Yellen sent a message of mutual cooperation at a meeting Sunday with Chinese Premier Li Qiang, highlighting the improvement in relations since her visit to China last year while recognizing that major differences remain.

By Fatima Hussein, Ken Moritsugu, Associated Press

Economy Apr 06

U.S. Treasury Secretary Janet Yellen meets China's Vice Premier He Lifeng, in Guangzhou
China agrees to ‘intensive’ talks with U.S. on balancing economic growth, Yellen says

U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing's economic model and trade practices put American companies and workers at an unfair competitive disadvantage.

By Fatima Hussein, Ken Moritsugu, Associated Press

Aug 11

Severe floods in China killed 29 and caused tens of billions of economic losses

By Associated Press

Last week, Hebei was hit by serious flooding as the remnants of the typhoon battered the region and brought the heaviest rainfall in neighboring Beijing in at least 140 years.

Continue reading

Jul 18

John Kerry visits with Chinese officials in new effort to improve climate ties

By Associated Press

BEIJING (AP) — U.S. climate envoy John Kerry told China’s top diplomat on Tuesday that President Joe Biden’s administration is “very committed” to stabilizing relations between the world’s two biggest economies, as the countries seek to restart high-level contacts. On…

Continue reading

Mar 11

China’s parliament names Xi ally Li Qiang premier nominally in charge of economy

By Associated Press

China on Saturday named Li Qiang, a close confidant of top leader Xi Jinping, as the country’s next premier nominally in charge of the world’s second-largest economy now facing some of its worst prospects in years.

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Mar 05

China sets 2023 target for economic growth at ‘around 5 percent’

By Joe McDonald, Associated Press

China’s government announced plans for a consumer-led revival of the struggling economy as its legislature opened a session Sunday that will tighten President Xi Jinping’s control over business and society.

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Jul 08

Watch 3:56
As U.S. tensions grow, NewsHour documentary pulls back the curtain on China’s rise

A new PBS NewsHour documentary, “China: Power and Prosperity,” examines today's China, its powerful leader in Xi Jinping and relationship with the U.S. Now, amid a global pandemic, the two governments are decreasing collaboration and accelerating confrontation, says Nick Schifrin,…

Continue watching

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Full Episode
Tuesday, Sep 16
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