Yellen Describes Positive Meeting in China and Foresees Increased Interactions in Future

U.S. Treasury Secretary Janet Yellen embarked on her first visit to Beijing on July 6, 2023, since assuming office under the Biden administration. During her four-day trip to China, Yellen engaged in crucial discussions with Chinese officials, addressing various issues such as the global economy, export controls, and national security. The visit aimed to facilitate …

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Janet Yellen Emphasizes Importance of Communication during China Visit

Treasury Secretary Janet Yellen has arrived in China to engage in discussions with high-ranking Chinese officials on trade and economic matters. This visit presents an opportunity for open communication and collaboration to ensure healthy economic competition that benefits American workers and firms while also addressing global challenges and protecting national security, as stated by Yellen …

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Xi: Nations Have a Joint Duty to Foster Growth, Emphasizes China

Chinese President Xi Jinping, during a virtual summit of the Shanghai Cooperation Organization, expressed Beijing’s opposition to “decoupling and breaking links.” He emphasized that promoting economic growth is a shared responsibility among countries in the region. The Shanghai Cooperation Organization consists of China, India, Russia, Kazakhstan, Kyrgyzstan, Pakistan, Iran, Tajikistan, and Uzbekistan, with additional “observer …

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China calls for unity with Russia, India, and other Shanghai Cooperation Organization partners: Key points

New Delhi — During a virtual summit hosted by India, Chinese President Xi Jinping called on the leaders of Russia, Iran, and other allied nations to strengthen ties and resist Western sanctions. The Shanghai Cooperation Organization (SCO) includes countries like Russia, China, India, Iran, and several Central Asian nations. The bloc’s leaders discussed key issues, …

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New Party Secretary Appointed for China’s Central Bank, PBOC

Pan Gongsheng assumed the position of party secretary at the People’s Bank of China on July 1, 2023. Vcg | Visual China Group | Getty Images BEIJING — On Saturday, the People’s Bank of China announced the appointment of Pan Gongsheng, who currently heads the country’s foreign exchange regulator, as the central bank’s party secretary. …

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China: The Demise of Optimism

In 1919, Lu Xun, a renowned writer in modern China, penned a captivating short story featuring a destitute Confucian scholar named Kong Yiji. Kong, having failed the imperial civil-service exams, refused to settle for a menial job and fell into poverty. The villagers, lacking sympathy for his predicament and disregarding his intellectual prowess, ridiculed and …

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Rep. Mike Turner, House Intelligence Chair, suggests that Wagner rebellion “significantly undermines Putin”

Washington— Rep. Mike Turner, the House Intelligence chair, criticized the Wagner mercenary group’s armed rebellion against the Russian military, stating that it weakens President Vladimir Putin and could impact the war in Ukraine. Turner, an Ohio Republican, made these remarks during an interview on “Face the Nation” on Sunday. Turner believes that the conflict between …

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Ending India’s Dependency on Russian Fuel Imports: A Step-by-Step Guide

Indian Prime Minister Narendra Modi’s state visit to the United States was deemed a success. He received a warm welcome from Congress and had a pleasant visit to the White House, which culminated in a state dinner. During the visit, Modi and President Joe Biden announced various deals that would enhance the security and technology …

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