Foreign Minister Wang Yi reaffirmed China's position on Tuesday on remarks made by Japan's prime minister regarding Taiwan during talks with his French counterpart in Beijing and called on Paris to "continue to understand and support" that stance.
U.S. Treasury Secretary Bessent said he was very optimistic about the U.S. economy next year, given increased capital investments, but said interest rate cuts were needed given a weakening in certain sectors including housing.
U.S. Treasury Secretary Scott Bessent on Wednesday said he plans to advocate for a requirement that the 12 regional Federal Reserve Bank presidents should reside in their districts for at least three years before being appointed to lead their banks.