China

Chinese officials have pushed for young entrepreneurs to return and revitalize the countryside, but the task is complex.

There is a longstanding debate about whether the data is accurate. Some are skeptical of government officials’ projections of 5% growth.

“Marketplace” host Kai Ryssdal visits his former Beijing neighborhood and reflects on decades of rapid change in China’s economy.

“Marketplace” host Kai Ryssdal and Shanghai correspondent Jennifer Pak walk around Sanlitun, where Ryssdal lived in the 1990s.

“Especially with COVID … we’ve grown apart and misunderstandings have developed,” Yellen says. “It’s necessary to meet to discuss our differences openly.”

Treasury Secretary Janet Yellen intends to steady U.S.-China relations while looking out for American companies.

U.S. legacy automakers are losing ground to Tesla and Chinese companies like BYD in China, once considered a major new market.

But there’s no shortage of issues to discuss between the world’s two largest economies.

In March, the Treasury secretary told Marketplace that the U.S. and China need to put a “floor” under their relationship.

Some city-dwellers are heeding the call of China’s government for people to return and revive the countryside.