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

US Treasury Secretary Janet Yellen and her team are set to visit China for the second time in nine months as they seek to gather crucial insights into the true state of the country’s economy. While no significant policy agreements are expected, they hope to gain valuable information through bilateral talks.

China has been limiting access to certain data, particularly amidst concerns over a property crisis and geopolitical tensions. However, the Yellen delegation is determined to gather important clues about the world’s No. 2 economy.

Their particular focus during this visit will be on understanding the measures that China is considering to meet its 2024 growth goal. This will be a key aspect of their discussions as they aim to gather important details about the Chinese economy. Despite challenges in accessing accurate information, Yellen and her team remain committed to uncovering the truth behind China’s economic performance.

By Aiden Johnson

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