(New Delhi) China faces “various economic problems”, but it also has “a certain margin of maneuver to deal with them”, said American Secretary of Finance, Janet Yellen, on Thursday.
The United States is “closely watching” the challenges facing the world’s second power, whether it’s weaker-than-expected consumption, debt problems in the real estate sector or demographic challenges, she said during the meeting. a press conference on the sidelines of the G20 summit in India.
The United States intends to take advantage of this major diplomatic rally to boast of its current good economic health, in order to convince developing countries to turn to them rather than to China.
Overall, Janet Yellen was rather confident about global growth, at a time when the rise in interest rates is reviving speculation about the solidity of emerging economies.
“We are aware of the risks weighing on global growth,” she said, emphasizing that in her opinion, “the most significant negative influence comes from Russia’s war against Ukraine.”
However, she said she was “surprised by the strength of global growth and the resilience of the global economy. »
