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Yellen in China, Meta Threads and synagogue rubble are the first things to be reported
US Treasury Secretary Janet Yellen, on her first official visit to China since being appointed, will hold talks with Chinese Premier Li Keqiang and other officials. This comes after US President Joe Biden said the US would not cut ties with China. Yellen’s visit comes less than three weeks after US Secretary of State Antony…
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China is where Apple made the majority of its iPhone assembly
Chinese PM Li Keqiang said that the country will take steps to bring about a rebound after stalling last year, adding that it’s aiming for 5% GDP growth this year. He further said that the country will prioritize the expansion of domestic demand, something economists say is necessary to push China’s economy beyond its reliance…
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China wants its GDP to grow by around 5% this year, a post-COVID rebound
Chinese Premier Li Keqiang said the country’s GDP growth will slow down to 6.1% in 2021, the lowest in 40 years. This is lower than the growth of 6.1% in fiscal spending in 2022. He further said that the government will only increase fiscal spending by 5.6% this year, which is lower than the growth…