Pan Gongsheng, governor at the People's Bank of China (PBOC), shakes hands with U.S. Treasury Secretary Janet Yellen in Marrakesh, Morocco, on October 13, 2023.
U.S. Treasury Secretary Janet Yellen and her team are hoping their second visit to China in nine months, building on a series of bilateral talks, will yield valuable clues to the true state of the world's number-two economy—even if no significant policy agreements are anticipated.
China has cracked down on the availability and discussion of some unflattering data in recent years, as the nation's economy faces major threats from a property crisis and geopolitical spats. Gleaning information about the Chinese economy, including details on the measures Beijing is considering to secure the government's 2024 growth goal, will be a key focus of the Yellen delegation, a senior Treasury official told reporters ahead of this week's visit.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
