Chancellor Olaf Scholz of Germany tried to strike a delicate balance on a trip to China this week, promoting business ties with his country’s biggest trading partner while criticizing its surge of exports to Europe and its support for Russia. Mr. Scholz met with China’s top leader, Xi Jinping, at the Diaoyutai State Guesthouse in […]
Read MoreTag: Li Qiang (1959- )
China’s First Quarter Results Show Growth Propelled by Its Factories
The Chinese economy grew strongly in the first three months of the year, new data shows, as China built more factories and exported huge amounts of goods to counter a severe real estate crisis and sluggish spending at home. To stimulate growth, China, the world’s second-largest economy, turned to a familiar tactic: investing heavily in […]
Read MoreYellen Sees ‘More Work to Do’ as China Talks End With No Breakthrough
Four days of top-level economic meetings between the United States and China concluded in Beijing on Monday with no major breakthroughs, but the world’s two largest economies agreed to hold more discussions to address rising friction over trade, investment and national security. The conversation is poised to become even more difficult, however, as hopes of […]
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