U.S. and China to Meet as Shifting Economic Fortunes Alter Relationship

November 9, 2023

As Treasury Secretary Janet Yellen meets Chinese Vice Premier He Lifeng this week, the two sides find themselves in an economic role reversal.

The U.S. economy, buoyed by consumer spending and generous government subsidies for certain industries, bounded forward this year, notching 4.9% growth in the third quarter and defying forecasts of a recession.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

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