Back    Zoom +    Zoom -
US Treasury Secretary: CN Fulfills All Commitments Under Trade Agreement So Far
Recommend
3
Positive
6
Negative
4
US Treasury Secretary Scott Bessent said that China has fulfilled all commitments in the US-China trade agreement so far, emphasizing that China should boost domestic demand, as the situation of having a trillion-dollar trade surplus is unsustainable, according to foreign media.

He added that the US is expected to achieve 3.5% economic growth this year, and anticipated tax refunds of US$100 billion to US$150 billion in 1Q26, which will help stimulate economic growth.

Related NewsFixed Asset Investment (YTD) YoY for Nov in China is -2.6%, lower than the previous value of -1.7%. The forecast was -2.3%.

AASTOCKS Financial News
Website: www.aastocks.com