U.S. President Joe Biden finally got a bipartisan infrastructure deal to present to Congress — but it was substantially smaller than he had initially proposed, and even that plan faces a difficult passage.
Officials in Beijing continued their crackdown on key parts of China’s economy, with the regulatory scrutiny now covering the tech, education and property sectors, leaving markets spooked. At a meeting chaired by President Xi Jinping, the Communist Party’s Politburo pledged more effective fiscal support for the world’s second-largest economy and tighter supervision of overseas share listings as policy makers highlighted economic risks in the second half of the year.
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July 30, 2021 at 02:55PM
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The Political Week in Photos - Bloomberg
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