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Beijing can’t wish away China’s overcapacity problem
Fortune via Yahoo Finance· 3 days agoIn Beijing last month, U.S. Treasury Secretary Janet Yellen warned that President Joe Biden could not allow U.S. manufacturers to be “decimated” by a...
Senator Warren chides US Treasury for slow progress in tackling racial discrimination
Reuters· 2 days agoIn a letter dated May 9, Warren told Treasury Secretary Janet Yellen she was concerned that many...
Biden cannot butter the bread on both sides regarding Vietnam
China Daily· 6 hours agoUS President Joe Biden always boasts that his diplomacy with Vietnam is a "highlight" of his foreign...
China’s Factory Glut Alarms the World But There’s No Quick Fix
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- The groundswell of complaints about China’s factory output keeps getting louder, but...
US plans to impose major new tariffs on EVs, other Chinese green energy imports, AP sources say
Associated Press via Yahoo Finance· 2 days agoThe Biden administration plans to impose major new tariffs on electric vehicles, semiconductors,...
Biden administration set to revamp Trump’s tariff program after multi-year review, sources say
CNN via Yahoo Finance· 3 days agoThe Biden administration is set to unveil a sweeping restructuring of former Pres. Trump’s trademark...
Much ado about industrial overcapacity
China Daily· 3 days agoDuring her trip to China last month, US Treasury Secretary Janet Yellen raised concerns over China's overcapacity in electric vehicles (EVs), solar panels ...
Why Companies Are Nervous About the Consumer
New York Times· 3 days agoBetter than expected quarterly earnings have helped propel the S&P 500 to within a whisker of a record high on Friday. The split-screen view of the...
Opinion | China’s Dead-End Economy Is Bad News for Everyone
New York Times· 2 days agoOn separate visits to Beijing last month, Secretary of State Antony Blinken and Treasury Secretary Janet Yellen bore a common message: Chinese manufacturing ...
Beijing can't wish away China's overcapacity problem
Fortune· 3 days agoAs China's economy stalls, Beijing is encouraging companies to ship excess production overseas.