Las subvenciones a la industria y la debilidad de las ventas al interior de China han preparado el terreno para un auge de las exportaciones del país, lo que hace temer la pérdida de puestos de trabajo en fábricas de otras partes del mundo.
Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere.
Ursula Von der Leyen, the European Commission president, pushed Beijing to help rein in Russia’s war in Ukraine after meeting with the Chinese and French leaders in Paris.
The United States wants to persuade China to dial back its green energy industrial strategy as the Biden administration subsidizes its own supply chain.
La economía china se beneficia del aumento de las ventas de productos manufacturados al exterior, que crea empleos. Pero el impacto podría sentirse en las fuerzas laborales de Europa y Asia.
Increasing overseas sales of manufactured goods are helping China’s economy and creating employment, but countries from Europe to South Asia may lose jobs.
Premier Li Qiang targets economic growth of about 5 percent this year as China signals readiness to borrow more for spending programs.
Chastened by a series of economic downturns that punished the hospitality industry, state leaders are working to broaden the economy.
The companies that make iPhones are bringing their factories to one corner of India, to graft them onto a network of manufacturers.
Gross domestic product expanded 5.2 percent, as China worked to export more to make up for weak demand, high debt and a steep property contraction at home.