American companies should reconsider their investment in China, as the country’s economy is in serious trouble with a struggling non-state sector, said Mile Yu, a senior fellow and director of the China Center at Hudson Institute.
“China has been playing hard to get for the last several months and they would not talk. Now they relented and agreed to talk with high-level American cabinet members on matters that are vital to both nations’ economies,” Mr. Yu said in an interview with EpochTV’s “American Thought Leaders: NOW.”
The interview came as U.S. Treasury Secretary Janet Yellen traveled to Beijing to meet with China’s Premier Li Qiang, who has recently been tasked to revive China’s COVID lockdown-battered economy by Chinese Communist Party (CCP) head Xi Jinping................To Read More...
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