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There is “no such thing as ‘China’s overcapacity problem,’” he said. But the issue can’t be wished away. Western leaders have focused their fears on solar panels, lithium batteries ...
BEIJING — Treasury Secretary Janet Yellen kicked off her first full day of official meetings in China with discussion about overcapacity concerns and encouragement to pursue market-oriented reforms.
NDRC's responsibility for large infrastructure is intended to prevent the economy from becoming too hot or cold, as well as to address China's overcapacity in production for sectors like aluminum, iron, steel, and energy. [12]: 106 The NDRC works with other departments to formulate policies, including drafting laws and regulations.
In an effort to facilitate the strategy by closing technology gaps, China spent 2.5% of its GDP on research and development during the thirteenth five-year plan of 2016–2020. [19] Dual circulation is a key part of China's fourteenth five-year plan (2021–2025).
But claims that Beijing uses state subsidies to prop up its manufacturing sector, and then dumps the excess surplus overseas, are irking executives in China's car sector. Overcapacity “is a fake ...
China Investment Corporation (CIC) is a sovereign wealth fund that manages part of China's foreign exchange reserves. China's largest sovereign fund , CIC was established in 2007 with about US$200 billion of assets under management , a number that grew to US$1.2 trillion in 2021 [ 4 ] and US$1.3 trillion in December 2024.
GUANGZHOU, China (Reuters) -U.S. Treasury Secretary Janet Yellen said on Saturday that she and Chinese Vice Premier He Lifeng agreed to launch exchanges on "balanced" economic growth, an effort to ...
China granted $910 million worth of investment quotas to 11 foreign institutional investors in March 2013. The quotas, under the Qualified Foreign Institutional Investor (QFII) scheme, were awarded to overseas institutions including Generali Fund Management S.A, IDG Capital Management (HK) Ltd and Cutwater Investor Services Corp.