U.S. Treasury secretary faces tough questions, hopes to soothe markets
Translating...
Content is automatically generated by Microsoft Azure Translator Text API. CGTN is not responsible for any of the translations.
Share
Copied
Error loading player: No playable sources found
01:28
U.S. Treasury Secretary Janet Yellen sought to quell concerns from Congress, depositors and the financial services sector on Thursday, after the collapse of two banks in less than a week. Yellen faced fierce questioning from lawmakers while testifying before the Senate Finance Committee.
ANZ Greater China Chief Economist Raymond Yeung said that the 4 percent fiscal deficit signals a proactive policy push, leveraging China's economic momentum for future growth, in an interview with CGTN reporter Wang Tianyu.