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

During their second visit to China in nine months, US Treasury Secretary Janet Yellen and her team are seeking valuable insights into the true state of the country’s economy. While no significant policy agreements are expected, they hope to gain 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. The Yellen delegation is particularly interested in understanding the measures that China is considering to meet its 2024 growth goal. This will be a key focus during the visit, as they aim to gather important details about the Chinese economy. Despite the challenges in accessing accurate information, Yellen and her team are determined to gather important clues about the world’s No. 2 economy.

By Riley Johnson

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