BEIJING: In 2025, the dollar index, which measures the greenback’s strength against a basket of major currencies, fell by roughly 9.4%. Over the same period, the United States’ average effective tariff rate rose by around 14.4...
BEIJING : Allegations about China’s manufacturing overcapacity have sparked heated discussions among policymakers. During her visit to China in April, US Treasury Secretary Janet L. Yellen argued that “when the global market is flooded...