By Yu Yongding, Project Syndicate | Jun 2, 2025
While GDP growth is no longer paramount for China’s leaders, it still matters. And, at a time of falling export growth and insufficient domestic consumption, the only way China can reach its growth target is with a bold fiscal expansion that targets a robust increase in infrastructure investment.
According to the White House, Trump and Xi agreed the strategic waterway must remain open. The report said Xi also opposed any “militarization” of the strait or attempts to impose tolls on shipping traffic.
According to official Chinese and White House readouts, both sides agreed to pursue what Beijing called a “constructive” relationship built on cooperation and “measured competition.”
The approved buyers reportedly include Alibaba, Tencent, ByteDance and JD.com
Tencent said production of Chinese-designed graphics processing units could rise significantly this year. According to company executives, supply from manufacturers in China and nearby countries is increasing steadily.
Vice President JD Vance’s Anti-Fraud Task Force is working with the agency to combat fraud, waste, and abuse in Medicare.
The resolution, introduced by John Kennedy, directs the Senate secretary to block pay for senators whenever funding expires for one or more federal agencies.
The report said Justice Department ethics official Joseph Tirrell informed Blanche in March 2025 that his previous work as Trump’s criminal defense attorney created potential conflicts of interest.
According to the White House, Trump and Xi agreed the strategic waterway must remain open. The report said Xi also opposed any “militarization” of the strait or attempts to impose tolls on shipping traffic.
