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(Reuters) - China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, a fiscal package which ...
The Politburo rarely details policy plans, but the shift in its message shows China is willing to go even deeper into debt, prioritising, at least in the near term, growth over financial risks.
Since joining the World Trade Organization in 2001, China's exports to the United States have skyrocketed from $100 billion to over $400 billion annually. China is the third-largest importer of ...
During his first presidency, Mr Trump engaged China in a trade war, imposing tariffs on hundreds of billions of dollars’ worth of Chinese imports, sparking a tit-for-tat chain of reaction.
In 2023, the Chinese Ministry of Foreign Affairs denied that China was interfering or had interfered in the 2022 election, stating that they "adhere to the principle of non-interference in other countries' internal affairs" and that "China does not interfere in U.S. elections". [4]
If the government funding fight from December, where 38 Republicans voted against the bill that included the debt hike Trump wanted, is any indication, Trump merely calling on lawmakers to support ...
October 11: Trump announced that the United States and China had reached a tentative agreement for the "first phase" of a trade deal, with China agreeing to buy up to $50 billion in American farm products, and to accept more American financial services in their market, with the United States agreeing to suspend new tariffs scheduled for October 15.
The issue that looms across much of Trump's economic agenda is America's soaring national debt, which recently passed the $36 trillion mark and has spurred budget watchdogs to say that any bill in ...