US Treasury deputy: China's economy facing headwinds, limited US exposure


Reuters | Washington DC | Updated: 11-09-2023 16:38 IST | Created: 11-09-2023 16:37 IST
US Treasury deputy: China's economy facing headwinds, limited US exposure
Wally Adeyemo Image Credit: Wikipedia
  • Country:
  • United States

U.S. Deputy Treasury Secretary Wally Adeyemo on Monday said China's economy is facing "significant" headwinds but has the resources to deal with them short-term, adding that the United States has limited exposure to the Chinese economy.

Longer-term, China faces structural economic issues such as demographics and high debt, Adeyemo told CNN in an interview.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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