US Treasury chief says struggling China wants ‘to pull everybody else down with them’ Related news
Cătălin Roșioru
ISTANBUL US Treasury Secretary Scott Bessent said Tuesday that China's imposing export restrictions on technology-related resources is an attempt to undermine the world’s economy. Bessent told the Financial Times newspaper that decisions on rare earths and minerals are an attempt by China “to pull everyone else down with them.” “If they want to slow down the global economy, they will be hurt the most,” he said. “They are in the middle of a recession/depression, and they are trying to export
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