11min chapter

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Bloomberg Wall Street Week - June 28th, 2024

Wall Street Week

CHAPTER

President Xi's Priorities and U.S.-China Relations

The chapter delves into President Xi's top priorities for China's economy, emphasizing innovation, high-quality development, and balancing short-term revival with long-term sustainability goals. It also explores the intricate relationship between the Chinese economy and the global economy, highlighting concerns such as the 'second China shock' and differing strategies between China and the West. Moreover, the discussion extends to the upcoming U.S. presidential election and the contrasting economic visions of President Biden and President Trump as voters prepare to make a choice.

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