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Transcripts For BBCNEWS World Business Report 20210118

Lets start with china, because in the past few hours the worlds second biggest economy has just released its latest Economic Data. The countrys economy grew by 6. 5 in the Fourth Quarter compared to a year ago. That was slightly higher than many analysts had been predicting, with the markets forecasting that figure to be around 6 . And for the whole of 2020, the chinese economy grew by 2. 3 , which is its slowest pace since 1976. However very few countries are expected to show any signs of growth at all, given the damaging effects of covid 19. Were nowjoined by beijing by yue su whos an economist at the Economist Intelligence unit. This intelligence unit. Figure, will it be seen as success , this figure, will it be seen as success, relief, disappointment . Success, relief, disauointment . , disappointment . You ust mentioned i disappointment . You ust mentioned that i disappointment . You ust mentioned that this h disappointment . You just | mentioned that this figure disappointment .

What overcapacity? China says its industries are simply more competitive

The last day of U.S. Secretary Janet Yellen s trip to China coincided with the strongest retort yet from Beijing officials over her claims that China is flooding global markets with cheap goods,. -April 10, 2024 at 07:25 pm EDT - MarketScreener

What overcapacity? China says its industries are simply more competitive | The Asahi Shimbun: Breaking News, Japan News and Analysis

What overcapacity? China says its industries are simply more competitive | The Asahi Shimbun: Breaking News, Japan News and Analysis
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Analysis-What overcapacity? China says its industries are simply more competitive

The last day of U.S. Secretary Janet Yellen's trip to China coincided with the strongest retort yet from Beijing officials over her claims that China is flooding global markets with cheap goods, particularly in the new green industries. As Yellen laid out plans to formalise dialogue with China over excess industrial capacity in electric vehicles (EVs), solar panels and batteries, saying Washington would not accept U.S. industry being "decimated", the Chinese finance ministry issued a statement saying it had already "fully responded" to her concerns. Commerce Minister Wang Wentao, at a roundtable meeting with Chinese EV makers in Paris on Monday, said U.S. and European assertions of excess capacity were groundless, adding China's rise in these industries was driven by innovation and complete supply chain systems, among other factors.

Analysis-What overcapacity? China says its industries are simply more competitive By Reuters

Analysis-What overcapacity? China says its industries are simply more competitive By Reuters
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