U.S. President Joe Biden and Chinese President Xi Jinping are slated to meet on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco. The two leaders are expected to talk about a range of topics including nuclear armaments and trade. The talks have been emphasized after Secretary of the Treasury Dept. Janet Yellen made remarks on how the U.S. “does not seek to decouple from China”, but should be considerate of its stance on human rights and national security.
China Beige Book Co-Founder and CEO Leland Miller joins Yahoo Finance to discuss U.S.-China relations as well as the challenges the Biden administration has in its policies toward China’s economy.
“This is an economy that’s going to be growing much, much more slowly. I think the mistake investors have been making for several years now, is they’ve gotten very bearish cyclically, they were too bearish over the summer, but they’re not bearish structurally…,” Miller says. “China is going to be slowing down 5%, 4%, 3%, we’re going to be seeing much, much slower growth than that growing forward.”
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To sell bonds
Because she is too desperate to make Biden re-elected.
The United States has no time to take care of itself.
Obama should visit China again and meet his half blood brother in Shenzhen. This dude was treated with State Guest House, but he said he dare not to turn lights on in the room due to concerns of being spied (in his memoirs, not a Hollywood movie,) we now know this dude started this whole US-China train wreck with Clintons.
Wow! “DIRECTIONALITY”! That’s new.
Yellen can’t manage her finance portfolio, and yet wants to have a say in the war arena