Friday, 3rd May 2024
To guardian.ng
Search

US Treasury Secretary kicks off four-day China visit amid heightened tensions

By France24
07 July 2023   |   1:53 pm
Shortly after arriving in Beijing, US Treasury Secretary Janet Yellen said her visit was an "opportunity to communicate" and "avoid misunderstanding". Relations between the world's two biggest economies have become strained due to disputes over trade and technology. No major agreements are expected to come out of Yellen's meetings with Chinese officials. Instead, analysts say the focus is on restarting dialogue. We take a closer look at the high-stakes, low-expectations trip.

0 Comments

Your email address will not be published. Required fields are marked *

Related

1 day ago
To mark International Workers' Day, anti-poverty NGO Oxfam has released analysis showing that between 2020 and 2023, shareholders saw their dividend payments increase by 45 percent while workers saw their wages increase by just 3 percent.
1 day ago
The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.
1 day ago
The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight.
9 hours ago
The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.
1 day ago
The number of foreign direct investment projects in Europe fell 4 percent in 2023 compared to the previous year, the first decline since the pandemic.
1 day ago
China's minister of commerce is in Europe for a week-long trip, with a focus on pushing back against accusations of unfair state subsidies in the Chinese electric vehicle sector.