When China’s property market collapsed in 2021, its leaders scrambled to find a new driver of economic growth to replace housing construction. More investment in infrastructure, which had powered much ...
Renowned economist Paul Krugman has voiced concerns about China’s economic approach, stating that the country’s leaders are “bizarrely unwilling” to shift focus from production to consumer demand.
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 ...
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