China, Beijing and Europe
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China’s high dependence on exports will likely be a key focus of a new round of U.S.-China trade talks this coming week in Stockholm, but a trade deal would not necessarily help Beijing to rebalance its economy.
This week, the junta strengthened ties with Beijing, pushed to reclaim China trade route, sought foreign help for electricity crisis, showered Shan troops with promotions, and hailed Aung San Suu Kyi’s father ahead of sham election.
Commodity prices from steel to polysilicon have surged this month as Chinese investors bet Beijing is finally serious about addressing overcapacity across the world's second-largest economy. Prices for nine industrial commodities including coal,
China's Premier Li Qiang warned Saturday that artificial intelligence development must be weighed against the security risks, saying global consensus was urgently needed even as the tech race between
Taiwanese were voting Saturday to determine whether to oust about one-fifth of their lawmakers, in elections that could potentially reshape the power balance in the self-ruled island's legislature.
The United States told China at the United Nations on Friday it should "stop fueling Russia's aggression" in Ukraine, as China accused Washington of trying to shift blame and spark confrontation.
The key issue, economists say, is boosting productivity, something that requires a change in government incentives.