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US-China trade talks: Can China reduce its export dependence?
- US-China trade talks in Stockholm will focus on China’s high export dependence and rebalancing the economy.
- Bessent stated that China's global manufacturing export share of nearly 30% 'can’t get any bigger, and it should probably shrink.'
- Chinese leaders noted factory overcapacity and weak consumer spending as long-term problems.
- Greater reform ambition is necessary for a sustained improvement in household consumption.
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17 Articles
17 Articles
US-China Trade Talks: Can China Reduce Its Export Dependence?
·New York, United States
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Winnipeg Free Press+13 Reposted by 13 other sources
US-China trade talks: Can China reduce its export dependence?
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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US-China trade talks: Can Beijing shift from exports to spending?
Upcoming US-China trade talks in Stockholm will likely address China's export dependence and excess production. The US seeks increased Chinese consumer spending and reduced industrial overcapacity, mirroring concerns previously raised with Japan. China faces internal pressures like deflation and demographic shifts, requiring fundamental reforms to boost consumption and welfare benefits amid a push for technological self-reliance.
Coverage Details
Total News Sources17
Leaning Left4Leaning Right4Center7Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 27%
C 47%
R 27%
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