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

In an effort to gain valuable insights on the true state of China’s economy, US Treasury Secretary Janet Yellen and her team are set to embark on their second visit in nine months. While no significant policy agreements are expected, the delegation hopes to gather 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. Despite these challenges, Yellen and her team are determined to gather important clues about the world’s No. 2 economy.

One of the main focuses of the visit will be understanding the measures that China is considering to meet its 2024 growth goal. The Yellen delegation is particularly interested in this topic as they aim to gain important details about the Chinese economy.

Overall, the visit is an opportunity for Yellen and her team to gain valuable insights into China’s economy, despite the challenges in accessing accurate information.

By Samantha Jones

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