Insights on Economy to be Gained from Yellen’s China Trip as Data Visibility Declines

During their second visit in nine months, US Treasury Secretary Janet Yellen and her team are seeking to gain valuable insights on the true state of China’s economy. While no significant policy agreements are expected, they hope to gather important information through bilateral talks.

China has been limiting the availability and discussion of certain data, particularly amidst concerns over a property crisis and geopolitical tensions. However, the Yellen delegation is determined to gather important clues about the world’s No. 2 economy.

Their particular focus during the visit will be on understanding the measures that China is considering to meet its 2024 growth goal. This will be a key area of discussion as they aim to gather important details about the Chinese economy. Despite the challenges in accessing accurate information, Yellen and her team remain committed to gaining a deeper understanding of China’s economic situation.

By Samantha Johnson

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