The U.S. national debt surpassed $35 trillion in July. The U.S. government’s liabilities would lead to catastrophic consequences, said Nobel laureate Michael Spence in response to a CGTN question.
U.S. is sleepwalking towards trouble: Nobel laureate
Related Posts
LONGi: China takes center stage in renewable energy transformation
CGTN’s Zheng Junfeng spoke to She Haifeng, vice president of LONGi. They discussed topics of green development in climate change that were prominent at the annual event.
China now has more branded coffee shops than the U.S.
03:05 East Asia’s branded coffee shop market is booming, thanks to a steady increase in the number of stores in China. According to a report released by the World Coffee Portal, China is leading the growth of coffee shops in the region and has overtaken the U.S. in terms of stores. The number of outlets […]
China's manufacturing PMI at 49.1 in August
<img src='https://news.cgtn.com/news/2024-08-31/news-1wvxBaEtJ60/img/eb04db073cc244bdb2d63cf3bdee60b9/eb04db073cc244bdb2d63cf3bdee60b9.png' alt='Workers on an assembly line at a corn combine harvester manufacturing company in Qingzhou Economic Development Zone, east China's Shandong Province, August 31, 2024. /CFP ' The Purchasing Managers’ Index (PMI) for China’s manufacturing sector came in at 49.1 in August, official data showed on Saturday. According to Zhao Qinghe, a senior statistician […]