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China's central bank faces new mandate and party control amid economic challenges /
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2024-06-17 08:04:52

China's central bank faces new mandate and party control amid economic challenges on Nostr: China Counters G7's Claims of Overcapacity and Unfair Trade Barriers =============== ...

China Counters G7's Claims of Overcapacity and Unfair Trade Barriers
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#5e10b1c6 ver:0.2

China counters G7's claims of overcapacity and unfair trade barriers, proposing a modern, green economy and lending to developing nations for their green transition. Former officials criticize US subsidies and emphasize the importance of multilateralism. China's central bank faces obstacles in improving its monetary policy toolkit. China aims to become a financial superpower, prioritizing financial security and control. Concerns arise about diminished autonomy and increased party dependence. The Politburo pledges more support for the economy, implementing proactive fiscal and prudent monetary policies. Yale experts defend China's green development and call for mutually beneficial relationships. China argues G7's allegations are unfounded and protectionist measures undermine economic stability and growth. China highlights its economic progress and the benefits of global trade and cooperation. #China #G7 #economy #greentransition #financialsecurity #autonomy #support #trade...

#newstr #China #G7 #Overcapacity #TradeBarriers #EconomicStability #GreenTransition

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