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Tag: Government policy

  • South Carolina considers its energy future through state Senate committee

    South Carolina considers its energy future through state Senate committee

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    COLUMBIA, S.C. — The South Carolina Senate on Thursday started its homework assignment of coming up with a comprehensive bill to guide energy policy in a rapidly growing state and amid a quickly changing power- generation world.

    The Special Committee on South Carolina’s Energy Future plans several meetings through October. On Thursday, the committee heard from the leaders of the state’s three major utilities. Future meetings will bring in regular ratepayers, environmentalists, business leaders and experts on the latest technology to make electricity,

    The Senate took this task upon itself. They put the brakes a massive 80-plus page energy overhaul bill that passed the House in March in less than six weeks, and the bill died at the end of the session.

    Many senators said the process earlier this year was rushed. They remembered the last time they trusted an overhaul bill backed by utilities.

    State-owned Santee Cooper and private South Carolina Electric & Gas used those rules passed 15 years ago to put ratepayers on the hook for billions of dollars spent on two new nuclear reactors that never generated a watt of power before construction was abandoned because of rising costs.

    But those dire memories are being mixed with dire predictions of a state running out of power.

    Unusually cold weather on Christmas Eve 2022 along with problems at a generating facility nearly led to rolling blackouts in South Carolina. Demand from advanced manufacturing and data centers is rising. If electric cars grow in popularity, more power is needed. And a state that added 1.3 million people since 2000 has a lot more air conditioners, washing machines and charges for devices, the utility leaders said.

    Senators stopped Duke Energy’s president in South Carolina, Mike Callahan, in middle of his presentation after he told them his utility’s most recent predictions for growth in electricity usage over the rest of this decade were eight times more than they were just two years ago.

    “Growth is here, and much more is coming. We need clear energy policy to plan for that growth,” Callahan said,

    The utility leaders told senators their companies need to know what kind of sources of power — natural gas, solar, nuclear, wind or others — the state wants to emphasize. They would like to have a stable rules from regulators on how they operate.

    “A quick no is a lot better to us than a long-term maybe,” Santee Cooper CEO Jimmy Staton said.

    Another complicating factor are federal rules that may require utilities to shut down power plants that use coal before there are replacements with different sources online, Staton said.

    Others aren’t so sure the state needs a rapid increase in power generation. Environmentalists have suggested the 2022 problems that led to blackouts were made worse because power plants were nowhere near capacity and better cooperation in the grid would allow electricity to get to where its needed easier.

    Those less bullish on the overhaul also are urging the state not to lock in on one source of power over another because technology could leave South Carolina with too much power generation in inefficient ways.

    There will likely be plenty of discussion of data centers that use a lot of electricity without the number of jobs, property taxes or other benefits a manufacturer provides.

    Staton estimated about 70% of Santee Cooper’s increased demand is from data centers.

    “We clearly need them. I don’t want to go back in time,” committee chairman Republican Senate Majority Leader Shane Massey said. “What I’m trying to get at is a better understanding, a better handle on how much of the projected growth is based on data centers or on everything else.”

    Massey has been hard on Dominion Energy, which bought South Carolina Electric & Gas after the abandoned nuclear project at the V.C. Summer Nuclear Station. But Dominion Energy South Carolina President Keller Kissam said it is important that all options, including a new nuclear plant, remain on the table.

    “Everybody thinks if we build anything that we’re going to absolutely repeat what we did with V.C. Summer” Kissam said. “Well, I promise you, that ain’t gonna happen. OK? I’ll pack up and leave.”

    Massey’s goal is to have a bill ready by the time the 2025 session starts in January.

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  • Trump zigzags between economic remarks and personal insults at rally in critical Pennsylvania

    Trump zigzags between economic remarks and personal insults at rally in critical Pennsylvania

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    WILKES-BARRE, Pa. (AP) — Former President Donald Trump on Saturday repeatedly swerved from a message focused on the economy into non sequiturs and personal attacks, including thrice declaring that he was better looking than Vice President Kamala Harris.

    Trump wound back and forth between hitting his points on economic policy and delivering a smattering of insults and impressions of President Joe Biden and French President Emmanuel Macron as he held a rally in northeastern Pennsylvania.

    The former president has seemed to struggle to adjust to his new opponent after Democrats replaced their nominee. Over the past week, he has diverged during campaign appearances away from the policies he was billed to speak about and instead diverted to a rotation of familiar attack lines and insults.

    As he attacked Democrats for inflation at the top of his speech, Trump asked his crowd of supporters, “You don’t mind if I go off teleprompter for a second, do you? Joe Biden hates her.”

    Joseph Costello, a spokesperson for the Harris campaign, responded to Trump in a statement by saying, “Another rally, same old show” and that Trump “ resorts to lies, name-calling, and confused rants,” because he can’t sell his agenda.

    “The more Americans hear Trump speak, the clearer the choice this November: Vice President Harris is unifying voters with her positive vision to protect our freedoms, build up the middle class, and move America forward — and Donald Trump is trying to take us backwards,” Costello said.

    Trump’s rally in Wilkes-Barre was in a swath of a pivotal battleground state where he hopes conservative, white working-class voters near Biden’s hometown of Scranton will boost the Republican’s chances of winning back the White House.

    His remarks Saturday came as Democrats prepare for their four-day national convention that kicks off Monday in Chicago and will mark the party’s welcoming of Harris as their nominee. Her replacement of Biden less than four months before the November election has reinvigorated Democrats and their coalition. It has also presented a new challenge for Trump.

    Trump hammered Harris on the economy, associating her with the Biden administration’s inflation woes and likening her latest proposal against price gouging to measures in communist nations. Trump has said a federal ban on price gouging for groceries would lead to food shortages, rationing and hunger. On Saturday asked why she hadn’t worked to solve prices when she and Biden were sworn into office in 2021.

    “Day one for Kamala was three and a half years ago. So why didn’t she do it then? So this is day 1,305,” Trump said.

    To address high prices, Trump said he would sign an executive order on his first day sworn in as president “directing every cabinet secretary and agency head to use every power we have to drive prices down, but we’re going to drive them down in a capitalist way, not in a communist way,” he said.

    He predicted financial ruin for the country, and Pennsylvania in particular, if Harris wins, citing her past opposition to fracking, an oil and gas extraction process commonly used in the state. Her campaign has tried to soften her stance on fracking, saying she would not ban it, even though that was her position when she was seeking the 2020 presidential nomination.

    “Your state’s going to be ruined anyway. She’s totally anti-fracking,” Trump said.

    What to know about the 2024 Election

    But he also meandered, going from ripping the chaotic withdrawal from Afghanistan in 2021 to doing impressions of Macron’s French accent.

    Trump laced in attacks on Harris’ laugh and said she was “not a very good wordsmith” and mocked the names of the CNN anchors who moderated the debate he had with Biden in June.

    When he began musing on Harris’ recent image on the cover of Time magazine, he commented on the picture’s resemblance to classic Hollywood icons Sophia Loren and Elizabeth Taylor and then took issue with a Wall Street Journal columnist remarking earlier this month on Harris’ beauty.

    “I am much better looking than her,” Trump said, drawing laughs from the crowd. “I’m a better looking person than Kamala.”

    He also took issue with the way his style is typically portrayed in news reports.

    “They will say he’s rambling. I don’t ramble. I’m a really smart guy,” he said.

    Trump’s Saturday rally was his fifth at the arena in Wilkes-Barre, the largest city in Luzerne County, where he has had victories in the past two elections. Biden bested Trump in neighboring Lackawanna County, where the Democrat has long promoted his working-class roots in Scranton.

    On Sunday, Harris plans a bus tour starting in Pittsburgh, with a stop in Rochester, a small town to the north. Trump has scheduled a visit Monday to a plant that manufactures nuclear fuel containers in York. Trump’s running mate JD Vance is expected to be in Philadelphia that day.

    Some of Biden’s loyal supporters in Scranton, a former industrial city of 76,000, were upset to see party leaders put pressure on the president to step aside.

    Diane Munley, 63, says she called dozens of members of Congress to vouch for Biden. Munley eventually came to terms with Biden’s decision and is now very supportive of Harris.

    “I can’t deny the enthusiasm that’s been going on with this ticket right now. I am so into it,” Munley said. “It just wasn’t happening with Joe, and I couldn’t see it at the time because I was so connected to him.”

    Robert A. Bridy, 64, a laborer from Shamokin, Pennsylvania, traveled on Saturday to the rally to show support for Trump. He said the election feels tight in this state and added that his union and a close friend are trying to convince him to vote for Harris and other Democrats, but he has voted for Trump since 2016.

    Bridy called Trump a “working class guy like us.” Trump is a billionaire who built his fortune in real estate.

    “He’s a fighter,” Bridy said. “I’d like to see the closed borders. He doesn’t mess around. He goes at it right away and takes care of business the way it should be.” ___

    Price reported from New York. Associated Press writers Bill Barrow in Atlanta and Darlene Superville in Arlington, Virginia contributed to this report.

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  • Hunter Biden was hired by Romanian businessman trying to ‘influence’ US agencies, prosecutors say

    Hunter Biden was hired by Romanian businessman trying to ‘influence’ US agencies, prosecutors say

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    WASHINGTON (AP) — Hunter Biden was hired by a Romanian businessman accused of corruption who was trying to “influence U.S. government policy” during Joe Biden’s term as vice president, prosecutors said in court papers Wednesday.

    Special counsel David Weiss’ team said Hunter Biden’s business associate will testify at the upcoming federal tax trial of the president’s son about the arrangement with the executive, Gabriel Popoviciu, who was facing criminal investigation at the time in Romania.

    The allegations are likely to bring a fresh wave of criticism of Hunter Biden’s foreign business dealings, which have been the center of Republicans’ investigations into the president’s family. Hunter Biden has blasted Republican inquiries into his family’s business affairs as politically motivated, and has insisted he never involved his father in his business.

    An attorney for Hunter Biden didn’t immediately respond to a request for comment Wednesday.

    Prosecutors plan to introduce evidence that Hunter Biden and his business associate “received compensation from a foreign principal who was attempting to influence U.S. policy and public opinion,” according to the filing. Popoviciu wanted U.S. government agencies to probe the Romanian bribery investigation he was facing in the hopes that would end his legal trouble, according to prosecutors.

    Popoviciu is identified only in court papers as G.P., but the details line up with information released in the congressional investigation and media reporting about Hunter Biden’s legal work in Romania.

    Popoviciu was sentenced to seven years in prison in 2017 after being convicted of real estate fraud. He denied any wrongdoing. An attorney who previously represented Popoviciu didn’t immediately respond to a phone message Wednesday.

    Prosecutors say Hunter Biden agreed with his business associate to help Popoviciu fight the criminal charges against him. But prosecutors say they were concerned that “lobbying work might cause political ramifications” for Joe Biden, so the arrangement was structured in a way that “concealed the true nature of the work” for Popoviciu, prosecutors allege.

    Hunter Biden’s business associate and Popoviciu signed an agreement to make it look like Popoviciu’s payments were for “management services to real estate prosperities in Romania.” However, prosecutors said, “That was not actually what G.P. was paying for.”

    In fact, Popoviciu and Hunter’s business associate agreed that they would be paid for their work to “attempt to influence U.S. government agencies to investigate the Romanian investigation,” prosecutors said. Hunter Biden’s business associate was paid more than $3 million, which was split with Hunter and another business partner, prosecutors say.

    The claims were made in court papers as prosecutors responded to a request by Hunter Biden’s legal team to bar from his upcoming trial any reference to allegations of improper political influence that have dogged the president’s son for years. While Republicans’ investigation has raised ethical questions, no evidence has emerged that the president acted corruptly or accepted bribes in his current role or his previous office as vice president.

    Hunter Biden’s lawyers have said in court papers that he has been “the target of politically motivated attacks and conspiracy theories” about his foreign business dealings. But they noted he “has never been charged with any crime relating to these unfounded allegations, and the Special Counsel should thus be precluded from even raising such issues at trial.”

    Hunter Biden’s trial set to begin next month in Los Angeles centers on charges that he failed to pay at least $1.4 million in taxes over four years during a period in which he has acknowledged struggling with a drug addiction.

    Prosecutors say they won’t introduce any evidence that Hunter Biden was directly paid by a foreign government “or evidence that the defendant received compensation for actions taken by his father that impacted national or international politics.”

    Still, prosecutors say what Hunter Biden agreed to do for Popoviciu is relevant at trial because it “demonstrates his state and mind and intent” during the years he’s accused of failing to pay his taxes.

    “It is also evidence that the defendant’s actions do not reflect someone with a diminished capacity, given that he agreed to attempt to influence U.S. public policy and receive millions of dollars” in the agreement with his business associate, prosecutors wrote.

    The tax trial comes months after Hunter Biden was convicted of three felony charges over the purchase of a gun in 2018. Prosecutors argued that the president’s son lied on a mandatory gun-purchase form by saying he was not illegally using or addicted to drugs.

    He could face up to 25 years in prison at sentencing set for Nov. 13 in Wilmington, Delaware, but as a first-time offender he is likely to get far less time or avoid prison entirely.

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  • This week: Federal Reserve meeting, Boeing earnings, Labor Department issues July jobs report

    This week: Federal Reserve meeting, Boeing earnings, Labor Department issues July jobs report

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    FED MEETS

    On Wednesday, the Federal Reserve wraps ups its two-day policy meeting.

    Few expect the U.S. central bank to lower interest rates this time around, with most experts forecasting a cut in September. The Fed began ratcheting up rates in March of 2022 in the midst of the four-decade high inflation that took root as the economy rebounded from the brief but sharp pandemic recession. Data suggest that inflation has receded in recent months and is closing in on the Fed’s 2% target.

    BOEING BLUES

    Embattled jet maker Boeing reports its second-quarter earnings Wednesday.

    Virginia-based Boeing has been mired in investigations and lawsuits since two of its Max 747s crashed in 2018 and 2019, killing 346 people. Last week, the Justice Department submitted a detailed plea agreement with Boeing in which the aerospace giant will plead guilty to a fraud charge for misleading U.S. regulators who approved the 737 Max jetliner before the crashes.

    EYE ON JOBS

    The government serves up its July jobs report on Friday.

    America’s employers delivered another healthy month of hiring in June, highlighting the economy’s ability to withstand high interest rates. Last month’s job growth marked a pullback from May and analysts expect another dip in hiring in July. The Federal Reserve is paying close attention to the cooling labor market as it gathers data relevant to its interest rate policy decisions.

    Nonfarm payrolls, monthly change, seasonally adjusted:

    Feb.: 236,000

    March: 310,000

    April: 108,000

    May: 218,000

    June: 206,000

    July (est.): 180,000

    Source: FactSet

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  • Meta’s Oversight Board says deepfake policies need update and response to explicit image fell short

    Meta’s Oversight Board says deepfake policies need update and response to explicit image fell short

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    LONDON (AP) — Meta’s policies on non-consensual deepfake images need updating, including wording that’s “not sufficiently clear,” the company’s oversight panel said Thursday in a decision on cases involving AI-generated explicit depictions of two famous women.

    The quasi-independent Oversight Board said in one of the cases, the social media giant failed to take down the deepfake intimate image of a famous Indian woman, whom it didn’t identify, until the company’s review board got involved.

    Deepake nude images of women and celebrities including Taylor Swift have proliferated on social media because the technology used to make them has become more accessible and easier to use. Online platforms have been facing pressure to do more to tackle the problem.

    The board, which Meta set up in 2020 to serve as a referee for content on its platforms including Facebook and Instagram, has spent months reviewing the two cases involving AI-generated images depicting famous women, one Indian and one American. The board did not identify either woman, describing each only as a “female public figure.”

    Meta said it welcomed the board’s recommendations and is reviewing them.

    One case involved an “AI-manipulated image” posted on Instagram depicting a nude Indian woman shown from the back with her face visible, resembling a “female public figure.” The board said a user reported the image as pornography but the report wasn’t reviewed within a 48 hour deadline so it was automatically closed. The user filed an appeal to Meta, but that was also automatically closed.

    It wasn’t until the user appealed to the Oversight Board that Meta decided that its original decision not to take the post down was made in error.

    Meta also disabled the account that posted the images and added them to a database used to automatically detect and remove images that violate its rules.

    In the second case, an AI-generated image depicting the American women nude and being groped were posted to a Facebook group. They were automatically removed because they were already in the database. A user appealed the takedown to the board, but it upheld Meta’s decision.

    The board said both images violated Meta’s ban on “derogatory sexualized photoshop” under its bullying and harassment policy.

    However it added that its policy wording wasn’t clear to users and recommended replacing the word “derogatory” with a different term like “non-consensual” and specifying that the rule covers a broad range of editing and media manipulation techniques that go beyond “photoshop.”

    Deepfake nude images should also fall under community standards on “adult sexual exploitation” instead of “bullying and harassment,” it said.

    When the board questioned Meta about why the Indian woman was not already in its image database, it was alarmed by the company’s response that it relied on media reports.

    “This is worrying because many victims of deepfake intimate images are not in the public eye and are forced to either accept the spread of their non-consensual depictions or search for and report every instance,” the board said.

    The board also said it was concerned about Meta’s “auto-closing” of appeals image-based sexual abuse after 48 hours, saying it “could have a significant human rights impact.”

    Meta, then called Facebook, launched the Oversight Board in 2020 in response to criticism that it wasn’t moving fast enough to remove misinformation, hate speech and influence campaigns from its platforms. The board has 21 members, a multinational group that includes legal scholars, human rights experts and journalists.

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  • Leaders across Europe express relief mixed with concern about the French election result

    Leaders across Europe express relief mixed with concern about the French election result

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    BERLIN — Leaders across Europe reacted with relief but also some concern to the result of the French legislative election, which leaves a key European Union country facing the prospect of a hung parliament and political paralysis.

    Relief, because the far-right National Rally didn’t come out as the strongest party, as many pro-European leaders had feared — but also concern, because no political grouping has a majority in the National Assembly.

    Chancellor Olaf Scholz of Germany, which together with France has long been viewed as the engine of European integration, expressed relief Monday that the nationalist far right hadn’t topped the polls.

    The chancellor said it would have been a major challenge if French President Emmanuel Macron would have had to work with a right-wing populist party, German news agency dpa reported.

    “That has now been averted,” the chancellor said.

    Scholz expressed hope that Macron and the newly elected members of parliament would succeed in forming a stable government.

    “In any case, I am also pleased with regard to the important Franco-German friendship, and I can personally say that I am also pleased with regard to the good personal relationship that I have with the French president,” Scholz emphasized.

    “Germany has an interest in the success of the European Union like no other country,” the German chancellor said. “This is only possible together with France.”

    After the first round of the French election last month, in which the National Rally had gained the most votes, Scholz had spoken publicly of his worry that a second-round victory for the nationalist party could affect French-German relations.

    Polish Prime Minister Donald Tusk, a former European Council president, sounded even more euphoric in his reaction to the election outcome.

    “In Paris enthusiasm, in Moscow disappointment, in Kyiv relief. Enough to be happy in Warsaw,” he posted on X late Sunday.

    Final results in France show that a leftist coalition that came together to try to keep the far right from power won the most parliamentary seats in the runoff election. There was high voter turnout Sunday.

    Macron’s centrist alliance came in second. The far right, which came in third, drastically increased the number of seats it holds in parliament, but fell far short of expectations.

    Several countries in the EU, including Italy, the Netherlands and Sweden, have veered to the right in national elections as voters cast their ballots for euroskeptic parties promising nationalist solutions for European issues such as inflation, migration, and Russia’s full-scale invasion of Ukraine that has brought in millions of refugees looking for shelter.

    Some pro-European politicians warned that the French result was nothing to celebrate.

    “The march of the right-wing nationalists and right-wing extremists has been stopped. This is to the great credit of the French,” Michael Roth, a German foreign policy expert and national lawmaker with Scholz’s Social Democrats, told daily newspaper Tagesspiegel.

    “But it is still far too early to give the all clear, because the nationalist populists on the right and left are stronger than ever,” he added. “The center is weaker than ever. Emmanuel Macron has therefore failed resoundingly.”

    While it’s not clear yet which party will provide the next prime minister, Macron will still hold some powers over foreign policy, European affairs and defense, in line with the French Constitution. He has a presidential mandate until 2027 and has said he won’t step down before the end of his term.

    Nonetheless, the French president has been weakened by Sunday’s vote and that will have repercussions for Germany and all of Europe, said Ronja Kempin, an analyst of Franco-German relations at the German Institute for International and Security Affairs.

    “I think that Germany will have to adapt to the new balance of power in France,” Kempin said. “We have a weakened president who is much more forced to listen and react to the parliamentary majority, who can no longer act as freely as he has done for the last seven years.”

    In Italy, the main ally of Marine Le Pen’s National Rally in France, far-right populist League leader Matteo Salvini, lauded her party’s overall result in parliament as its best-ever and criticized what he called Macron’s “all against Le Pen” drive to deprive her party of a governing majority.

    He claimed that there were “thugs attacking the police with stones” in several cities after the results were released, blaming them on “communists and social centers, pro-Islamists and antisemites.”

    Salvini is a junior partner in the right-wing government of Premier Giorgia Meloni and has long shared Le Pen’s anti-migrant positions.

    ——

    Associated Press journalists from across Europe contributed to this story.

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  • Stock market today: Asian stocks are mixed ahead of this week’s Fed meeting

    Stock market today: Asian stocks are mixed ahead of this week’s Fed meeting

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    HONG KONG — Asian stocks were mixed on Tuesday in a busy week with several top-tier reports on U.S. inflation due along with a policy meeting of the Federal Reserve.

    U.S. futures and oil prices fell.

    In Tokyo, the Nikkei 225 index was up 0.1% at 39,092.32 as investors awaited the outcome of a meeting by the Bank of Japan. The central bank raised its benchmark interest rate in March to a range of 0 to 0.1% from minus 0.1%, in its first such increase in 17 years.

    Analysts said markets were leaning toward two rate hikes by the end of this year, with broad expectations of further rate increases as soon as July.

    Hong Kong’s Hang Seng sank 1.1% to 18,165.21, and the Shanghai Composite lost 0.9% to 3,023.46 after reopening from a public holiday. Markets remained cautious ahead of a report on inflation in China due out Wednesday.

    Australia’s S&P/ASX 200 slipped 1.4% to 7,748.30. South Korea’s Kospi was 0.3% higher to 2,709.87.

    On Monday, the S&P 500 rose 0.3% to 5,360.79, topping its all-time high set last week. The Nasdaq composite also set a record after rising 0.3% to 17,192.53, while the Dow Jones Industrial Average gained 0.2% to 38,868.04.

    Data on the economy have come in mixed recently, and traders are hoping for a slowdown that stops short of a recession and is just right in magnitude. A cooldown would put less upward pressure on inflation, which could encourage the Federal Reserve to cut its main interest rate from its most punishing level in more than two decades.

    But the numbers have been hard to parse, with Friday’s stronger-than-expected jobs report coming quickly on the heels of weaker-than-expected reports on U.S. manufacturing and other areas of the economy. Even within U.S. consumer spending, the heart of the economy, there is a sharp divide between lower-income households struggling to keep up with still-high inflation and higher-income households doing much better.

    Companies benefiting from the AI boom are continuing to report big growth almost regardless of what the economy and interest rates are doing.

    Nvidia, for example, is worth roughly $3 trillion and rose 0.7% Monday after reversing an early-morning loss. It was the first day of trading for the company since a 10-for-one stock split made its share price more affordable to investors, after it ballooned to more than $1,000 amid the AI frenzy.

    Treasury yields were mixed in the bond market ahead of reports later in the week that will show whether inflation improved last month at both the consumer and wholesale levels.

    On Wednesday, the Federal Reserve will announce its latest decision on interest rates. Virtually no one expects it to move its main interest rate then. But policy makers will be publishing their latest forecasts for where they see interest rates and the economy heading in the future.

    The last time Fed officials released such projections, in March, they indicated the typical member foresaw roughly three cuts to interest rates in 2024. That projection will almost certainly fall this time around. Traders on Wall Street are largely betting on just one or two cuts to rates in 2024, according to data from CME Group.

    In the bond market, the yield on the 10-year Treasury rose to 4.46% from 4.43% late Friday. The two-year yield, which more closely tracks expectations for the Fed, slipped to 4.88% from 4.89%.

    In other dealings, U.S. benchmark crude oil gave up 3 cents to $77.71 per barrel in electronic trading on the New York Mercantile Exchange.

    Brent crude, the international standard, was down 14 cents to $81.49 per barrel.

    The U.S. dollar rose to 157.25 Japanese yen from 157.04 yen. The euro climbed to $1.0770 from $1.0766.

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  • Biden, Kenyan leader urging help to lessen crushing debt on developing nations

    Biden, Kenyan leader urging help to lessen crushing debt on developing nations

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    WASHINGTON — WASHINGTON (AP) — President Joe Biden on Thursday expressed deep appreciation to Kenyan President William Ruto for the coming deployment of Kenyan police forces to help quell gang violence in Haiti and he defended his decision to withhold American forces from the mission in the beleaguered Caribbean nation.

    The United States has agreed to contribute $300 million to a multinational force that will include 1,000 Kenyan police officers, but Biden argued that an American troop presence in Haiti would raise “all kinds of questions that can easily be misrepresented.”

    The Democrat came into office in 2021 pledging to end U.S. involvement in so-called endless wars in the aftermath of 20 years of conflict in Afghanistan and Iraq.

    “Haiti is in an area of the Caribbean that is a very volatile,” Biden said at a news conference with Ruto, who was in Washington for the first state visit to the U.S. by an African leader since 2008. “There’s a lot going on in this hemisphere. So we’re in a situation where we want to do all we can without us looking like America once again is stepping over and deciding this is what must be done.”

    Ruto, who will be honored by Biden with a state dinner on the White House grounds in the evening, also gave a climate policy address and met with former President Barack Obama.

    Ruto is facing legal challenges in Nairobi over the decision to commit Kenyan forces to a conflict thousands of miles from home when his own country has no shortage of economic and security challenges. He said that Kenya, as a democracy, has a duty to help.

    “Kenya believes that the responsibility of peace and security anywhere in the world, including in Haiti, is the collective responsibility of all nations and all people who believe in freedom, self-determination, democracy and justice,” Ruto said. “And it is the reason why Kenya took up this responsibility.”

    Some analysts say his move could run afoul of a Kenyan High Court ruling in January that found the deployment unconstitutional because of a lack of reciprocal agreements between Kenya and Haiti. A deal was signed in March, before Ariel Henry resigned as Haiti’s prime minister, to try to salvage the plan.

    Kenya’s moving ahead “gives the impression that the country is lawless and does not believe in the rule of law,” said Macharia Munene, an international relations professor at United States International University-Africa.

    A difficult assignment is ahead for the Kenyan officers.

    Haiti has endured poverty, political instability and natural disasters for decades. International intervention in Haiti has a complicated history. A U.N.-approved stabilization mission to Haiti that started in June 2004 was marred by a sexual abuse scandal and the introduction of cholera, which killed nearly 10,000 people. The mission ended in October 2017.

    Biden and Ruto also called on economies around the globe to take action to reduce the enormous debt burden crushing Kenya and other developing nations.

    The call to action, termed the Nairobi-Washington Vision, comes as Biden presses his appeal to African nations that the U.S. can be a better partner than economic rival China. Beijing has been deepening its investment on the continent — often with high-interest loans and other difficult financing terms.

    Biden and Ruto want creditor nations to reduce financing barriers for developing nations that have been constrained by high debt burdens. They also called on international financial institutions to coordinate debt relief and support through multilateral banks and institutions providing better financing terms.

    The White House announced $250 million in grants for the International Development Association, part of the World Bank, to assist poor countries facing crises.

    Separately, a $1.2 trillion government funding bill passed by Congress in March allows the U.S. to lend up to $21 billion to an International Monetary Fund trust that provides zero-interest loans to support low-income countries.

    “Too many nations are forced to make a choice between development and debt, between investing in their people and paying back their creditors,” Biden said.

    An Associated Press analysis of a dozen countries most indebted to China — including Kenya — found the debt is consuming an ever-greater amount of tax revenue needed to keep schools open, provide electricity and pay for food and fuel.

    Behind the scenes is China’s reluctance to forgive debt and its extreme secrecy about how much money it has loaned and on what terms, which has kept other major lenders from stepping in to help.

    Kenya’s debt-to-GDP ratio tops 70%, with the bulk of it owed to China. Credit ratings agency Fitch estimates the Kenya will spend almost one-third of its government revenues just on interest payments this year.

    The Biden administration has praised Kenya for stepping up in Haiti when so few other countries have agreed to do so. Biden also announced his intention to designate Kenya as a major non-NATO ally, an acknowledgment of the growing security partnership between the countries.

    The designation, while largely symbolic, reflects how Kenya has grown from a regional partner that has long cooperated with U.S. counterterrorism operations on the continent to a major global influence — even extending its reach into the Western Hemisphere. Kenya will be the first sub-Saharan African country to receive the status.

    Ruto arrived in Washington on Wednesday and began the visit by meeting with Biden and tech executives from Silicon Valley and Kenya’s growing tech sector.

    The White House announced it was working with Congress to make Kenya the first country in Africa to benefit from funding through the CHIPS and Science Act, a 2022 law that aims to reinvigorate the computer chip sector within the United States through tens of billions of dollars in targeted government support.

    “I think we have a historic moment to explore investment opportunities between Kenya and the United States,” Ruto said.

    Despite the optimistic outlook, Kenya has seen a sharp decline in foreign investment since 2017. Net investment for foreign companies has fallen from $1.35 billion in 2017 to $394 million in 2022, according to the World Bank.

    Associated Press writers Evelyne Musambi in Nairobi, Kenya, and Josh Boak and Sagar Meghani contributed to this report.

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  • Biden is marking Earth Day by announcing $7 billion in federal solar power grants

    Biden is marking Earth Day by announcing $7 billion in federal solar power grants

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    WASHINGTON — President Joe Biden is marking Earth Day by announcing $7 billion in federal grants for residential solar projects serving 900,000-plus households in low- and middle-income communities. He also plans to expand his New Deal-style American Climate Corps green jobs training program.

    The grants are being awarded by the Environmental Protection Agency, which unveiled the 60 recipients on Monday. The projects are expected to eventually reduce emissions by the equivalent of 30 million metric tons of carbon dioxide and save households $350 million annually, according to senior administration officials.

    Biden’s latest environmental announcements come as he is working to energize young voters for his reelection campaign. Young people were a key part of a broad but potentially fragile coalition that helped him defeat then-President Donald Trump in 2020. Some have joined protests around the country of the administration’s handling of Israel’s war with Hamas in the Gaza Strip.

    Senior administration officials said young Americans are keenly invested in the Biden climate agenda and want to actually help enact it. The Climate Corps initiative is a way for them to do that, the officials said.

    Solar is gaining traction as a key renewable energy source that could reduce the nation’s reliance on fossil fuels, which emit planet-warming greenhouse gases. Not only is it clean, but solar energy can also boost the reliability of the electric grid.

    But solar energy can have high costs for initial installation, making it inaccessible for many Americans — and potentially meaning a mingling of environmental policy with election-year politics.

    Forty-nine of the new grants are state-level awards, six serve Native American tribes and five are multi-state awards. They can be used for investments such as rooftop solar and community solar gardens.

    Biden is making the announcement at northern Virginia’s Prince William Forest Park, about 30 miles southwest of Washington. It was established in 1936 as a summer camp for underprivileged youth from Washington, part of President Franklin D. Roosevelt’s Civilian Conservation Corps to help create jobs during the Great Depression.

    Biden used executive action last year to create the American Climate Corps modeled on Roosevelt’s New Deal. He is announcing Monday that nearly 2,000 corps positions are being offered across 36 states, including jobs offered in partnership with the North American Building Trades Unions.

    Biden has often used Earth Day as a backdrop to further his administration’s climate initiatives. Last year, he signed an executive order creating the White House Office of Environmental Justice, meant to help ensure that poverty, race and ethnic status do not lead to worse exposure to pollution and environmental harm.

    He has tried to draw a contrast with GOP congressional leaders, who have called for less regulation of oil production to lower energy prices. Biden officials counter that GOP policies benefit highly profitable oil companies and could ultimately undermine U.S. efforts to compete with the Chinese in the renewable energy sector.

    Biden will use his Virginia visit to discuss how “a climate crisis fully manifest to the American people in communities all across the country, is also an opportunity for us to come together,” said White House National Climate Adviser Ali Zaidi.

    He said the programs can “unlock economic opportunity to create pathways to middle-class-supporting careers, to save people money and improve their quality of life.”

    The awards came from the Solar for All program, part of the $27 billion “green bank” created as part of a sweeping climate law passed in 2022. The bank is intended to reduce climate and air pollution and send money to neighborhoods most in need, especially disadvantaged and low-income communities disproportionately impacted by climate change.

    EPA Deputy Administrator Janet McCabe said she was “looking forward to these funds getting out into the community, giving people skills, putting them to work in their local communities, and allowing people to save on their energy bills so that they can put those dollars to other needs.”

    Among those receiving grants are state projects to provide solar-equipped roofs for homes, college residences and residential-serving community solar projects in West Virginia, a non-profit operating Mississippi solar lease program and solar workforce training initiatives in South Carolina.

    The taxpayer-funded green bank has faced Republican opposition and concerns over accountability for how the money gets used. EPA previously disbursed the other $20 billion of the bank’s funds to nonprofits and community development banks for clean energy projects such as residential heat pumps, additional energy-efficient home improvements and larger-scale projects like electric vehicle charging stations and community cooling centers.

    ___

    St. John reported from Detroit.

    ___

    Alexa St. John is an Associated Press climate solutions reporter. Follow her on X, formerly Twitter, @alexa_stjohn. Reach her at ast.john@ap.org.

    ___

    The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

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  • Biden is marking Earth Day by announcing $7 billion in federal solar power grants

    Biden is marking Earth Day by announcing $7 billion in federal solar power grants

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    WASHINGTON — President Joe Biden is marking Earth Day by announcing $7 billion in federal grants for residential solar projects serving 900,000-plus households in low- and middle-income communities. He also plans to expand his New Deal-style American Climate Corps green jobs training program.

    The grants are being awarded by the Environmental Protection Agency, which unveiled the 60 recipients on Monday. The projects are expected to eventually reduce emissions by the equivalent of 30 million metric tons of carbon dioxide and save households $350 million annually, according to senior administration officials.

    Biden’s latest environmental announcements come as he is working to energize young voters for his reelection campaign. Young people were a key part of a broad but potentially fragile coalition that helped him defeat then-President Donald Trump in 2020. Some have joined protests around the country of the administration’s handling of Israel’s war with Hamas in the Gaza Strip.

    Senior administration officials said young Americans are keenly invested in the Biden climate agenda and want to actually help enact it. The Climate Corps initiative is a way for them to do that, the officials said.

    Solar is gaining traction as a key renewable energy source that could reduce the nation’s reliance on fossil fuels, which emit planet-warming greenhouse gases. Not only is it clean, but solar energy can also boost the reliability of the electric grid.

    But solar energy can have high costs for initial installation, making it inaccessible for many Americans — and potentially meaning a mingling of environmental policy with election-year politics.

    Forty-nine of the new grants are state-level awards, six serve Native American tribes and five are multi-state awards. They can be used for investments such as rooftop solar and community solar gardens.

    Biden is making the announcement at northern Virginia’s Prince William Forest Park, about 30 miles southwest of Washington. It was established in 1936 as a summer camp for underprivileged youth from Washington, part of President Franklin D. Roosevelt’s Civilian Conservation Corps to help create jobs during the Great Depression.

    Biden used executive action last year to create the American Climate Corps modeled on Roosevelt’s New Deal. He is announcing Monday that nearly 2,000 corps positions are being offered across 36 states, including jobs offered in partnership with the North American Building Trades Unions.

    Biden has often used Earth Day as a backdrop to further his administration’s climate initiatives. Last year, he signed an executive order creating the White House Office of Environmental Justice, meant to help ensure that poverty, race and ethnic status do not lead to worse exposure to pollution and environmental harm.

    He has tried to draw a contrast with GOP congressional leaders, who have called for less regulation of oil production to lower energy prices. Biden officials counter that GOP policies benefit highly profitable oil companies and could ultimately undermine U.S. efforts to compete with the Chinese in the renewable energy sector.

    Biden will use his Virginia visit to discuss how “a climate crisis fully manifest to the American people in communities all across the country, is also an opportunity for us to come together,” said White House National Climate Adviser Ali Zaidi.

    He said the programs can “unlock economic opportunity to create pathways to middle-class-supporting careers, to save people money and improve their quality of life.”

    The awards came from the Solar for All program, part of the $27 billion “green bank” created as part of a sweeping climate law passed in 2022. The bank is intended to reduce climate and air pollution and send money to neighborhoods most in need, especially disadvantaged and low-income communities disproportionately impacted by climate change.

    EPA Deputy Administrator Janet McCabe said she was “looking forward to these funds getting out into the community, giving people skills, putting them to work in their local communities, and allowing people to save on their energy bills so that they can put those dollars to other needs.”

    Among those receiving grants are state projects to provide solar-equipped roofs for homes, college residences and residential-serving community solar projects in West Virginia, a non-profit operating Mississippi solar lease program and solar workforce training initiatives in South Carolina.

    The taxpayer-funded green bank has faced Republican opposition and concerns over accountability for how the money gets used. EPA previously disbursed the other $20 billion of the bank’s funds to nonprofits and community development banks for clean energy projects such as residential heat pumps, additional energy-efficient home improvements and larger-scale projects like electric vehicle charging stations and community cooling centers.

    ___

    St. John reported from Detroit.

    ___

    Alexa St. John is an Associated Press climate solutions reporter. Follow her on X, formerly Twitter, @alexa_stjohn. Reach her at ast.john@ap.org.

    ___

    The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

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  • US airlines ask the Biden administration not to approve additional flights between the US and China

    US airlines ask the Biden administration not to approve additional flights between the US and China

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    WASHINGTON — Large U.S. airlines and some of their unions are asking the Biden administration to stop approving any more flights between the United States and China because of what they call “anti-competitive” policies that China imposes on U.S. carriers.

    The airlines and unions said Thursday that China closed its market to U.S. carriers at the outbreak of the pandemic and imposed rules that still affect American operations and airline crews.

    “These actions demonstrated the clear need for the U.S. government to establish a policy that protects U.S. aviation workers, industry and air travelers,” they said in a letter to Secretary of State Antony Blinken and Transportation Secretary Pete Buttigieg.

    The letter was signed by the CEO of the Airlines for America trade group and the presidents of the Air Line Pilots Association, the Allied Pilots Association, which represents crews at American Airlines, and the Association of Flight Attendants.

    The number of flights between China and the U.S. has been rising, although it remains far below pre-pandemic levels. The Biden administration increased the number of round trips that Chinese airlines can make from 35 to 50 per week, starting March 31, after China’s aviation authority promised to seek an increase in flights by U.S. carriers.

    The U.S. airlines said Chinese airlines get an advantage by flying shorter routes through Russian airspace, which has been off-limits to U.S. carriers since Russia invaded Ukraine more than two years ago. They said Chinese airlines also get “certain protections” from China’s government because they are state-owned.

    The U.S. industry groups said in their letter that without equal access to China’s aviation market, American carriers will lose flights to Chinese airlines.

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  • US will push China to change policy that threatens American jobs, Yellen says

    US will push China to change policy that threatens American jobs, Yellen says

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    BEIJING — The Biden administration will push China to change an industrial policy that poses a threat to U.S. jobs, Treasury Secretary Janet Yellen said Monday after wrapping up four days of talks with Chinese officials.

    She also said in Beijing they had “difficult conversations” about national security, including American concerns that Chinese companies are supporting Russia in its war in Ukraine.

    But the focus of her trip was industrial policy, and what the U.S. and Europe describe as manufacturing overcapacity in China. Wealthy nations fear a wave of low-priced Chinese exports that will overwhelm factories at home. Yellen cited the manufacturing of electric vehicles and their batteries as well as solar energy equipment — sectors that the U.S. administration is trying to promote domestically — as areas where Chinese government subsidies have driven rapid expansion of production.

    “China is now simply too large for the rest of the world to absorb this enormous capacity. Actions taken by the PRC today can shift world prices,” she said, using the acronym for China’s official name, the People’s Republic of China. “And when the global market is flooded by artificially cheap Chinese products, the viability of American and other foreign firms is put into question.”

    She said the U.S. would host Chinese counterparts for their fourth economic and financial working groups meetings next week “where these issues will be discussed at length.”

    Last September, the U.S. and China formed working groups in an effort to ease tensions and deepen ties between the two nations. The upcoming discussions will coincide with the IMF and World Bank Spring Meetings.

    It’s unclear how China will respond to such calls. European officials have repeatedly raised the issue on visits to China with no sign of any change on the Chinese side. Moreover, one of leader Xi Jinping’s major goals is to build the nation into a major power so it doesn’t feel compelled to bend to outside pressure.

    But overcapacity also affects China — price wars in the electric vehicle sector are expected to drive some makers out of business — and experts have called for better coordination of policies designed to promote new technologies. The government agreed during Yellen’s visit to start talks on what the two sides called “balanced growth.”

    “We intend to underscore the need for a shift in policy by China during these talks,” Yellen said at a news conference held outdoors on a balmy spring day at the U.S. ambassador’s residence in Beijing.

    Advocating for higher consumer spending in China in response to its large government subsidies to solar, EV and lithium-ion battery industries, Yellen said: “If consumer spending were higher as a share of GDP, there would be less need to have such large investment going into building supply” of green energy products.

    On Saturday, the official Xinhua News Agency said that the Chinese side had “responded fully to the issue of production capacity” during Yellen’s talks with Vice Premier He Lifeng, the lead person for China-U.S. economic and trade affairs,

    More than a decade ago, the treasury secretary said, a flood of “below-cost Chinese steel … decimated industries across the world and in the United States. I’ve made clear that President Biden and I will not accept that reality again.”

    On the war in Ukraine, Yellen warned that any banks that facilitate the sale of military or dual-use goods to Russia could face U.S. sanctions.

    “I stressed that companies, including those in the PRC, must not provide material support for Russia’s war and that they will face significant consequences if they do,” she said.

    Russian Foreign Minister Sergey Lavrov arrived in Beijing on Monday for talks on the Ukraine conflict and other issues.

    Asked about Yellen’s warnings, Chinese Foreign Ministry Spokesperson Mao Ning said that the U.S. “should not smear or attack the normal state-to-state relations between China and Russia and should not harm the legitimate rights and interests of China and Chinese enterprises.”

    Yellen, the former chair of the U.S. Federal Reserve, met with China’s central bank governor, Pan Gongsheng, earlier Monday.

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  • US will push China to change policy that threatens American jobs, Treasury Secretary Yellen says

    US will push China to change policy that threatens American jobs, Treasury Secretary Yellen says

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    BEIJING — The Biden administration will push China to change an industrial policy that poses a threat to U.S. jobs, Treasury Secretary Janet Yellen said Monday after wrapping up four days of talks with Chinese officials.

    She also said in Beijing they had “difficult conversations” about national security, including American concerns that Chinese companies are supporting Russia in its war in Ukraine.

    But the focus of her trip was industrial policy, and what the U.S. and Europe describe as manufacturing overcapacity in China. Wealthy nations fear a wave of low-priced Chinese exports that will overwhelm factories at home. Yellen cited the manufacturing of electric vehicles and their batteries as well as solar energy equipment — sectors that the U.S. administration is trying to promote domestically — as areas where Chinese government subsidies have driven rapid expansion of production.

    “China is now simply too large for the rest of the world to absorb this enormous capacity. Actions taken by the PRC today can shift world prices,” she said, using the acronym for China’s official name, the People’s Republic of China. “And when the global market is flooded by artificially cheap Chinese products, the viability of American and other foreign firms is put into question.”

    She said the U.S. would host Chinese counterparts for their fourth economic and financial working groups meetings next week “where these issues will be discussed at length.”

    Last September, the U.S. and China formed working groups in an effort to ease tensions and deepen ties between the two nations. The upcoming discussions will coincide with the IMF and World Bank Spring Meetings.

    It’s unclear how China will respond to such calls. European officials have repeatedly raised the issue on visits to China with no sign of any change on the Chinese side. Moreover, one of leader Xi Jinping’s major goals is to build the nation into a major power so it doesn’t feel compelled to bend to outside pressure.

    But overcapacity also affects China — price wars in the electric vehicle sector are expected to drive some makers out of business — and experts have called for better coordination of policies designed to promote new technologies. The government agreed during Yellen’s visit to start talks on what the two sides called “balanced growth.”

    “We intend to underscore the need for a shift in policy by China during these talks,” Yellen said at a news conference held outdoors on a balmy spring day at the U.S. ambassador’s residence in Beijing.

    Advocating for higher consumer spending in China in response to its large government subsidies to solar, EV and lithium-ion battery industries, Yellen said: “If consumer spending were higher as a share of GDP, there would be less need to have such large investment going into building supply” of green energy products.

    On Saturday, the official Xinhua News Agency said that the Chinese side had “responded fully to the issue of production capacity” during Yellen’s talks with Vice Premier He Lifeng, the lead person for China-U.S. economic and trade affairs,

    More than a decade ago, the treasury secretary said, a flood of “below-cost Chinese steel … decimated industries across the world and in the United States. I’ve made clear that President Biden and I will not accept that reality again.”

    On the war in Ukraine, Yellen warned that any banks that facilitate the sale of military or dual-use goods to Russia could face U.S. sanctions.

    “I stressed that companies, including those in the PRC, must not provide material support for Russia’s war and that they will face significant consequences if they do,” she said.

    Russian Foreign Minister Sergey Lavrov arrived in Beijing on Monday for talks on the Ukraine conflict and other issues.

    Asked about Yellen’s warnings, Chinese Foreign Ministry Spokesperson Mao Ning said that the U.S. “should not smear or attack the normal state-to-state relations between China and Russia and should not harm the legitimate rights and interests of China and Chinese enterprises.”

    Yellen, the former chair of the U.S. Federal Reserve, met with China’s central bank governor, Pan Gongsheng, earlier Monday.

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  • US and China plan talks on economics, including manufacturing issue, Yellen says

    US and China plan talks on economics, including manufacturing issue, Yellen says

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    GUANGZHOU, China — The U.S. and China agreed to hold talks that will address a key American complaint about China’s economic model, Treasury Secretary Janet Yellen said Saturday on the second day of an official visit to China.

    The two sides will hold “intensive exchanges” on more balanced economic growth, according to a U.S. statement issued after Yellen and Chinese Vice Premier He Lifeng held extended meetings over two days in the southern city of Guangzhou.

    They also agreed to start exchanges on combating money laundering, the U.S. statement said.

    Yellen, who headed to Beijing after starting her five-day visit in one of China’s major industrial and export hubs, said the exchange on balanced growth would create a structure to hear each other’s views and try to address American concerns about manufacturing overcapacity in China.

    “I think the Chinese realize how concerned we are about the implications of their industrial strategy for the United States, for the potential to flood our markets with exports that make it difficult for American firms to compete,” Yellen told reporters after the announcement.

    “It’s not going to be solved in an afternoon or a month, but I think they have heard that this is an important issue to us.”

    China’s official Xinhua News Agency said that the two sides had agreed to discuss a range of issues including balanced growth of the United States, China and the global economy as well as financial stability, sustainable finance and cooperation in countering money-laundering.

    It added in an initial dispatch that China had responded fully on the issue of production capacity, but did not provide details. China also expressed grave concern over American trade and economic measures that restrict China, Xinhua said.

    Chinese government subsidies and other policy support have encouraged solar panel and EV makers in China to invest in factories, building far more production capacity than the domestic market can absorb.

    The massive scale of production has driven down costs and ignited price wars for green technologies, a boon for consumers and efforts to reduce global dependence on fossil fuels. But Western governments fear that that capacity will flood their markets with low-priced exports, threatening American and European jobs.

    “It’s going to be critical to our bilateral relationship going forward and to China’s relationship with other countries that are important, and this provides a structured way in which we can continue to listen to one another and see if we can find a way forward that will avoid conflict,” Yellen told reporters.

    The exchanges on balanced growth and money laundering will be held under the framework of existing economic and financial working groups that were set up after Yellen met He in July.

    Yellen struck a positive note on joint efforts to address U.S. concerns about Chinese companies selling goods to Russia following its invasion of Ukraine.

    “We think there’s more to do, but I do see it as an area where we’ve agreed to cooperate and we’ve already seen some meaningful progress,” she said.

    Earlier state media coverage of her trip had characterized U.S. concerns about overcapacity as a possible pretext for tariffs. In a commentary published Friday night, Xinhua wrote that while Yellen’s trip is a good sign that the world’s two largest economies are maintaining communication, “talking up ‘Chinese overcapacity’ in the clean energy sector also smacks of creating a pretext for rolling out more protectionist policies to shield U.S. companies.”

    Yellen told reporters during an Alaska refueling stop en route to China that the U.S. “won’t rule out” tariffs to respond to China’s heavily subsidized manufacturing of green energy products.

    The U.S. has made efforts through legislation and executive orders to wean itself off certain Chinese technologies in order to build out its domestic manufacturing capabilities. Many members of the White House and Congress view the actions as important to maintaining national security.

    The $280 billion CHIPS and Science Act passed in 2022 aims to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with China. Additionally, last August, U.S. President Joe Biden signed an executive order to block and regulate high-tech U.S.-based investments going toward China.

    Yellen will hold meetings in Beijing with more senior officials and economists on Sunday and Monday.

    ___

    Moritsugu reported from Beijing.

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  • Americans think a president’s power should be checked, AP-NORC poll finds — unless their side wins

    Americans think a president’s power should be checked, AP-NORC poll finds — unless their side wins

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    WASHINGTON (AP) — Like many Americans, Richard Bidon says he’d like to see the U.S. government “go back to its original design” — a system of checks and balances developed nearly 240 years ago to prevent any branch, especially the presidency, from becoming too powerful.

    But that’s mainly when Republicans are in power.

    Bidon, an 84-year-old Democrat who lives near Los Angeles, said if President Joe Biden is reelected, he doesn’t want him to have to get the approval of a possibly Republican-controlled Congress to enact policies to slow climate change. He wants presidents to have the power to change policy unilaterally — as long as they’re from the right party.

    “When a Democrat’s in, I support” a strong presidency, Bidon said. “When Republicans are in, I don’t support it that much. It’s sort of a wishy-washy thing.”

    A new poll from The Associated Press-NORC Center for Public Opinion Research finds that Bidon’s view is common. Though Americans say don’t want a president to have too much power, that view shifts if the candidate of their party wins the presidency. It’s a view held by members of both parties, though it’s especially common among Republicans.

    Overall, only about 2 in 10 Americans say it would be “a good thing” for the next president to be able to change policy without waiting on Congress or the courts. But nearly 6 in 10 Republicans say it would be good for a future President Donald Trump to take unilateral action, while about 4 in 10 Democrats say the same if Biden is reelected.

    The sentiment comes amid escalating polarization and is a sign of the public’s willingness to push the boundaries of the political framework that has kept the U.S. a stable democracy for more than two centuries. In the poll, only 9% of Americans say the nation’s system of checks and balances is working extremely or very well. It also follows promises by Trump to “act as a dictator” on day one of a new administration to secure the border and expand oil and gas drilling.

    Bob Connor, a former carpenter now on disability in Versailles, Missouri, wants that type of decisive action on the border. He’s given up hope on Congress taking action.

    “From what I’ve seen, the Republicans are trying to get some stuff done, the Democrats are trying to get some other stuff done — they’re not mixing in the middle,” said Connor, 56. “We’re not getting anywhere.”

    He blames the influx of migrants on Biden unilaterally revoking some of Trump’s own unilateral border security policies when he took office.

    “I’m not a Trump fanatic, but what he’s saying has to get done is right,” Connor said.

    Joe Titus, a 69-year-old Democrat from Austin, Texas, believes Republicans have destroyed Congress’ ability to act in its traditional legislative role and says Biden will have to step into the gap.

    “There’s this so-called ‘majority’ in Congress, and they’re a bunch of whack-jobs,” Titus, a retired Air Force mechanic, said of the GOP-controlled House of Representatives. “It’s not the way this thing was set up.”

    The current Congress is setting dubious records as the least productive one in the country’s history, with fewer than three dozen bills sent to Biden’s desk last year. At Trump’s urging, House Republicans have stalled aid to Ukraine and a bipartisan immigration bill.

    Titus said that in general he opposes expanded presidential power but would support Biden funding more immigration judges and sending additional aid to Ukraine on his own.

    “There’s certain things that it seems to me the public wants and the other party is blocking,” Titus said.

    The presidency has steadily gained power in recent years as congressional deadlocks have become more common. Increasingly, the nation’s chief executive is moving to resolve issues through administrative policy or executive orders. The U.S. Supreme Court is poised to rule later this year on a case that could significantly weaken the ability of federal agencies — and thus a presidential administration — to issue regulations.

    Meanwhile, conservatives are planning a takeover of the federal bureaucracy should they win the White House in November, a move that could increase the administration’s ability to make sweeping policy changes on its own.

    The AP-NORC poll found that voters’ views of which institutions have too much power were colored by their own partisanship. Only 16% of Democrats, whose party currently controls the White House, say the presidency has too much power while nearly half of Republicans believe it does. In contrast, about 6 in 10 Democrats say the U.S. Supreme Court, with its 6-3 conservative majority, has too much power.

    With Congress evenly divided between the two parties — the GOP has a narrow House majority, Democrats a narrow Senate one — Americans have similar views on its power regardless of party. About 4 in 10 from both major parties say it has too much power.

    “I think Congress had too much power when the presidency and Congress were both ruled by Democrats, but now that Republicans are in the majority there’s an equal balance,” said John V. Mohr, a 62-year-old housecleaner in Wilmington, North Carolina.

    In contrast, he complained that Biden is “sitting there writing executive orders left and right,” including his proclamation marking Transgender Day of Visibility, which fell on Easter Sunday this year.

    The abstract idea of a president with nearly unchecked power remains unpopular.

    Steven Otney, a retired trucker in Rock Hill, South Carolina, said major policies should be approved by Congress and gain approval from the courts. But he also said it depends on the topic. He wants to see prompt action on certain issues by the next president if he’s Trump.

    “Some things need to be done immediately, like that border wall being finished,” said Otney, a Republican.

    He said it’s just common sense.

    “If Trump got in there and said ‘I want to bomb Iran,’ no, that’s crazy,” Otney said. “Within reason, not stupid stuff either way. Something to help the American people, not hurt us.”


    The poll of 1,282 adults was conducted March 21-25, 2024, using a sample drawn from NORC’s probability-based AmeriSpeak Panel, which is designed to be representative of the U.S. population. The margin of sampling error for all respondents is plus or minus 3.8 percentage points.


    Riccardi reported from Denver.


    The Associated Press receives support from several private foundations to enhance its explanatory coverage of elections and democracy. See more about AP’s democracy initiative here. The AP is solely responsible for all content.

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    By NICHOLAS RICCARDI and LINLEY SANDERS – Associated Press

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  • Yellen calls for level playing field for US workers and firms during China visit

    Yellen calls for level playing field for US workers and firms during China visit

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    GUANGZHOU, China — U.S. Treasury Secretary Janet Yellen called on China on Friday to address manufacturing overcapacity that she said risks causing global economic dislocation, and to create a level playing field for American companies and workers.

    Starting a five-day visit in one of China’s major industrial and export hubs, she raised what the U.S. considers to be unfair Chinese trade practices in talks with senior Chinese officials.

    “The United States seeks a healthy economic relationship with China that benefits both sides,” she said ahead of a meeting with Chinese Vice Premier He Lifeng in the southern city of Guangzhou. “But a healthy relationship must provide a level playing field for firms and workers in both countries.”

    Earlier, she said at an an event hosted by the American Chamber of Commerce in China that there are “Chinese practices that are tilting the playing field away from American workers and firms.”

    He didn’t get into specifics in his remarks before the media but said that both sides “need to properly respond to key concerns of the other side.”

    High on Yellen’s list is the overcapacity issue. Chinese government subsidies and other policy support have encouraged solar panel and EV makers in China to invest in factories, building far more production capacity than the domestic market can absorb.

    The massive scale of production has driven down costs and ignited price wars for green technologies, a boon for consumers and efforts to reduce global dependence on fossil fuels. But Western governments fear that that capacity will flood their markets with low-priced exports, threatening American and European jobs.

    Yellen, the first Cabinet-level official to visit China since President Joe Biden met Chinese leader Xi Jinping last November, told the vice premier and the governor of Guangdong province in separate meetings that it is important for the U.S. and China to have open and direct communication on areas of disagreement.

    “This includes the issue of China’s industrial overcapacity, which the United States and other countries are concerned can cause global spillovers,” she said during her meeting with the governor.

    Guangzhou is the provincial capital of Guangdong, a Chinese manufacturing and export hub that is home to telecom giant Huawei and BYD, China’s largest EV maker. Huawei has been hit hard by U.S. restrictions on semiconductor exports to China and is at the vanguard of Chinese efforts to become self-sufficient and a leader in technology.

    Yellen, who will also visit Beijing on her trip, met with both U.S. and European and Japanese business representatives before her meeting with He.

    “I’ve heard from many American business executives that operating in China can be challenging,” she said at the American Chamber event in an auditorium at a marbled convention center in the Baiyun District of Guangzhou.

    Citing a recent survey by the Chamber that found that a third of American firms in China say they have experienced unfair treatment compared with local competitors, Yellen said the U.S. has seen China “pursue unfair economic practices, including imposing barriers to access for foreign firms and taking coercive actions against American companies.”

    “I strongly believe that this doesn’t only hurt these American firms: Ending these unfair practices would benefit China by improving the business climate here. I intend to raise these issues in meetings this week,” she said in her speech.

    China has pushed back against the overcapacity concerns expressed by both the U.S. and Europe.

    Foreign Ministry spokesperson Wang Wenbin said earlier this week that the growth in Chinese EV and solar exports is conducive to green development globally and the result of the international division of labor and market demand.

    He accused the U.S. of interfering with free trade by restricting technology exports to China.

    “As for who is doing non-market manipulation, the fact is for everyone to see,” he said. “The U.S. has not stopped taking measures to contain China’s trade and technology. This is not ‘de-risking,’ rather, it is creating risks.”

    Yellen said at the American Chamber event that “excess capacity is a concern that many countries share — from a range of advanced and developing countries and is not something that’s new.”

    “This is not anti-China policy,” she said. “It’s an effort for us to mitigate the risks from the inevitable global economic dislocation that will result if China doesn’t adjust its policies.”

    Scott Paul, president of the Alliance for American Manufacturing — an alliance of businesses and the U.S. Steelworkers union — told The Associated Press ahead of Yellen’s trip that there are low expectations about the Chinese government’s response.

    “One thing that Yellen hopefully can and should say is that the U.S. is prepared to use all the tools that we have available through policy to ensure that China’s industrial overcapacity doesn’t negatively harm our economic and national security interests,” he said.

    The Alliance released a report in February that says the introduction of inexpensive Chinese autos to the American market “could end up being an extinction-level event for the U.S. auto sector.” The U.S. auto sector accounts for 3% of America’s GDP, according to the report.

    Yellen told reporters Wednesday during an Alaska refueling stop en route to Asia that the U.S. “won’t rule out” tariffs to respond to China’s heavily subsidized manufacturing of green energy products.

    ___

    Moritsugu reported from Beijing.

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  • State Farm discontinuing 72,000 home policies in California in latest blow to state insurance market

    State Farm discontinuing 72,000 home policies in California in latest blow to state insurance market

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    SACRAMENTO, Calif. — State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said this week, nine months after announcing it would not issue new home policies in the state

    The Illinois-based company, California’s largest insurer, cited soaring costs, the increasing risk of catastrophes like wildfires and outdated regulations as reasons it won’t renew the policies on 30,000 houses and 42,000 apartments, the Bay Area News Group reported Thursday.

    “This decision was not made lightly and only after careful analysis of State Farm General’s financial health, which continues to be impacted by inflation, catastrophe exposure, reinsurance costs, and the limitations of working within decades-old insurance regulations,” the company said in a statement Wednesday.

    “State Farm General takes seriously our responsibility to maintain adequate claims-paying capacity for our customers and to comply with applicable financial solvency laws,” it continued. “It is necessary to take these actions now.”

    The move comes as California’s elected insurance commissioner undertakes a yearlong overhaul of home insurance regulations aimed at calming the state’s imploding market by giving insurers more latitude to raise premiums while extracting commitments from them to extend coverage in fire-risk areas, the news group said.

    The California Department of Insurance said State Farm will have to answer question from regulators about its decision to discontinue coverage.

    “One of our roles as the insurance regulator is to hold insurance companies accountable for their words and deeds,” Deputy Insurance Commissioner Michael Soller said. “We need to be confident in State Farm’s strategy moving forward to live up to its obligations to its California customers.”

    It was unclear whether the department would launch an investigation.

    Last June, State Farm said it would stop accepting applications for all business and personal lines of property and casualty insurance, citing inflation, a challenging reinsurance market and “rapidly growing catastrophe exposure.”

    The company said the newly announced cancellations account for just over 2% of its California policies. It did not say where they are located or what criteria it used to determine that they would not be renewed.

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  • Biden to tout government investing $8.5 billion in Intel’s computer chip plants in four states

    Biden to tout government investing $8.5 billion in Intel’s computer chip plants in four states

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    WASHINGTON — The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico and Oregon.

    President Joe Biden plans to talk up the investment on Wednesday as he visits Intel’s campus in Chandler, Arizona, which could be a decisive swing state in November’s election. He has often said that not enough voters know about his economic policies and suggested that more would support him if they did know.

    Commerce Secretary Gina Raimondo said the deal reached through her department would put the United States in a position to produce 20% of the world’s most advanced chips by 2030, up from the current level of zero. The United States designs advanced chips, but its inability to make them domestically has emerged as a national security and economic risk.

    “Failure is not an option — leading-edge chips are the core of our innovation system, especially when it comes to advances in artificial intelligence and our military systems,” Raimondo said on a call with reporters. “We can’t just design chips. We have to make them in America.”

    The funding announcement comes amid the heat of the 2024 presidential campaign. Biden has been telling voters that his policies have led to a resurgence in U.S. manufacturing and job growth. His message is a direct challenge to former President Donald Trump, the presumptive Republican nominee, who raised tariffs while in the White House and wants to do so again on the promise of protecting U.S. factory jobs from China.

    Biden narrowly beat Trump in Arizona in 2020 by a margin of 49.4% to 49.1%.

    U.S. adults have dim views of Biden’s economic leadership, with just 34% approving, according to a February poll by The Associated Press-NORC Center for Public Affairs. The lingering impact of inflation hitting a four-decade high in 2022 has hurt the Democrat, who had a 52% approval on the economy in July 2021.

    Intel’s projects would be funded in part through the bipartisan 2022 CHIPS and Science Act, which the Biden administration helped shepherd through Congress at a time of concerns after the pandemic that the loss of access to chips made in Asia could plunge the U.S. economy into recession.

    When pushing for the investment, lawmakers expressed concern about efforts by China to control Taiwan, which accounts for more than 90% of advanced computer chip production.

    Ohio Sen. Sherrod Brown, a Democrat up for reelection this year, stressed that his state would become “a global leader in semiconductor manufacturing” as Intel would be generating thousands of jobs. Ohio has voted for Trump in the past two presidential elections, and Brown in November will face Republican Bernie Moreno, a Trump-backed businessman from Cleveland.

    Wednesday’s announcement is the fourth and largest so far under the chips law, with the government support expected to help enable Intel to make $100 billion in capital investments over five years. About 25% of that total would involve building and land, while roughly 70% would go to equipment, said Pat Gelsinger, CEO of Intel.

    “We think of this as a defining moment for the United States, the semiconductor industry and for Intel,” said Gelsinger, who called the CHIPS Act “the most critical industrial policy legislation since World War II.”

    The Intel CEO said on a call with reporters that he would like to see a sequel to the 2022 law in order to provide additional funding for the industry.

    Biden administration officials say that computer chip companies would not be investing domestically at their expected scale without the government support. Intel funding would lead to a combined 30,000 manufacturing and construction jobs. The company also plans to claim tax credits from the Treasury Department worth up to 25% on qualified investments.

    The Santa Clara, California-based company will use the funding in four different states. In Chandler, Arizona, the money will help to build two new chip plants and modernize an existing one. The funding will establish two advanced plants in New Albany, Ohio, which is just outside the state capital of Columbus.

    The company will also turn two of its plants in Rio Rancho, New Mexico into advanced packaging facilities. And Intel will also modernize facilities in Hillsboro, Oregon.

    The Biden administration has also made workforce training and access to affordable child care a priority in agreements to support companies. Under the agreement with the Commerce Department, Intel will commit to local training programs as well as increase the reimbursement amount for its child care program, among other efforts.

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  • Stock market today: Asian shares mostly rise after Wall Street’s record rally

    Stock market today: Asian shares mostly rise after Wall Street’s record rally

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    TOKYO — Asian shares mostly rose Wednesday, encouraged by a record rally on Wall Street that was led by technology companies.

    Australia’s S&P/ASX 200 rose 0.2% to 7,729.40. South Korea’s Kospi gained nearly 0.5% to 2,694.60. But Japan’s benchmark Nikkei 225 lost its morning gains to slip 0.3% in afternoon trading to 3,054.28.

    Hong Kong’s Hang Seng edged up 0.5% to 17,183.94, while the Shanghai Composite was virtually unchanged, down less than 0.1% at 3,054.28.

    “The yen has been a notable gainer verses the greenback, with attention focused on the upcoming spring wage negotiations known as ‘shunto,’ as the outcome of this could impact the Bank of Japan’s preference for when to end their policy of negative interest rates,” said Tim Waterer, chief market analyst at KCM Trade.

    In currency trading, the U.S. dollar slipped to 147.54 Japanese yen from 147.63 yen. The euro cost $1.0931, inching up from $1.0930.

    Speculation is rife that Japan’s central bank is getting ready to end its super-easy monetary policy, which has set interest rates below zero, and start raising rates.

    On Wall Street, the S&P 500 jumped 1.1% to top its all-time high set last week. The Dow Jones Industrial Average climbed 235 points, or 0.6%, and the Nasdaq composite jumped 1.5%.

    All three indexes began the day with losses after a highly anticipated report on inflation said U.S. consumers paid slightly higher prices than economists expected last month. The worse-than-expected data kept the door closed for long-sought cuts to interest rates at the Federal Reserve meeting next week.

    But the inflation figures were still close to expectations, and traders held on to hopes that the longer-term trend downward means the Fed will begin the cuts in June. That helped stock indexes to reverse their losses as the day progressed.

    Plus, inflation may not be as hot in reality as the morning’s report suggested.

    “January and February are notoriously noisy months for a lot of economic data,” said Brian Jacobsen, chief economist at Annex Wealth Management, who said attention will focus more on the longer-term trend.

    The fear is “sticky” inflation that refuses to go down will force the Fed to keep interest rates high, which grinds down on the economy and investment prices. The Fed’s main interest rate is already at its highest level since 2001.

    “Another hotter-than-expected CPI reading may breathe new life into the sticky inflation narrative, but whether it actually delays rate cuts is a different story,” said Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley.

    For months, traders on Wall Street have been trying to get ahead of the Federal Reserve and guess when cuts to rates will arrive. They have already sent stock prices higher and bond yields lower in anticipation of it.

    Through it all, the Fed has remained “nothing if not consistent in doing what it said it would do,” Larkin said. “Until they say otherwise, their plan is to cut rates in the second half of the year.”

    The immediate reaction across financial markets to the inflation data was nevertheless halting and uncertain.

    In the bond market, Treasury yields initially dropped and then swung higher. The yield on the 10-year Treasury eventually rose to 4.15% from 4.10% late Monday.

    The price of gold, which has shot to records on expectations for coming rate cuts, also swung. An ounce for delivery in April ended up falling $22.50 to settle at $2,166.10.

    On Wall Street, big technology stocks did heavy lifting. Oracle jumped 11.7% after reporting stronger quarterly profit than analysts expected. Nvidia also rallied 7.2% after a rare two-day stumble. It was the single strongest force pushing the S&P 500 upward on Tuesday.

    All told, the S&P rose 57.33 points to 5,175.27. The Dow climbed 235.83 to 39,005.49, and the Nasdaq gained 246.36 to 16,256.64.

    In energy trading, benchmark U.S. crude added 62 cents to $78.18 a barrel. Brent crude, the international standard, rose 62 cents to $82.54 a barrel.

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  • China’s congress ends with a show of unity behind Xi’s vision for national greatness

    China’s congress ends with a show of unity behind Xi’s vision for national greatness

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    BEIJING — China’s national legislature wrapped up its annual session Monday with the usual show of near-unanimous support for plans designed to carry out ruling Communist Party leader Xi Jinping’s vision for the nation.

    The weeklong event, replete with meetings carefully scripted to allow no surprises, has highlighted how China’s politics have become ever more calibrated to elevate Xi.

    Monday’s agenda lacked the usual closing news conference by the premier, the party’s No. 2 leader. The news conference has been held most years since 1988 and was the one time when journalists could directly question a top Chinese leader.

    The decision to scrap it emphasizes Premier Li Qiang’s relatively weak status. His predecessors played a much larger role in leading key economic policies such as modernizing state companies, coping with economic crises and leading housing reforms that transformed China into a nation of homeowners.

    The nearly 3,000-member National People’s Congress approved a revised State Council law that directs China’s version of the cabinet to follow Xi’s vision. The vote was 2,883 to eight, with nine abstentions. Other measures passed by similarly wide margins. The most nays were recorded for the annual report of the supreme court, which was approved by a 2,834 to 44 vote.

    In brief closing remarks, Zhao Leji, the legislature’s top official, urged the people to unite more closely under the Communist Party’s leadership “with comrade Xi Jinping at its core.”

    The party leaders who run the State Council used to have a much freer hand in setting economic policy, Neil Thomas, a Chinese politics fellow at the Asia Society Policy Institute, said in an emailed comment.

    “Xi has been astonishingly successful in consolidating his personal hold over the party, which has allowed him to become the key decisionmaker in all policy domains,” he said.

    As the party champions innovation and self-reliance in technology to build a modern, wealthy economy, it is leaning heavily on more overtly communist ideology that harkens to past eras. Xi has fortified the party’s role across the spectrum, from culture and education to corporate management and economic planning.

    “Greater centralization of power has arguably helped Xi to improve central government effectiveness,” Thomas said, “but the benefits may be outweighed by the costs of stifling political discussion, disincentivizing local innovation and more sudden policy shifts.”

    Along with following the guidance of Xi Jinping Thought and other party directives, developing “new quality productive forces” — a term coined by Xi last September — emerged as a catchphrase at this year’s congress.

    The term suggests a prioritizing of science and technology as China confronts trade sanctions and curbs on access to advanced know-how in computer chips and other areas that the U.S. and other countries deem to be national security risks.

    On the diplomatic front, China kept Wang Yi as foreign minister. He had stepped back into the post last summer after his successor, Qin Gang, was abruptly dismissed without explanation after a half-year on the job.

    Analysts thought the Communist Party might use the annual congress to appoint a new foreign minister and close the book on an unusual spate of political mishaps last year that also saw the firing of a new defense minister after a few months on the job.

    The Organic Law of the State Council was revised for the first time since its adoption in 1982. The revision calls for the State Council to “uphold the leadership of the Communist Party of China.” It also adds the governor of China’s central bank to the body.

    Echoing words seen in just about every proposal, law or speech made in China these days, it spells out that China’s highest governing officials must adhere to the party’s guiding ideology, which refers back to Marxism-Leninism and Mao Zedong Thought and culminates in Xi’s philosophy on “Socialism with Chinese Characteristics for a New Era.”

    Alfred Wu, an expert on Chinese governance at the National University of Singapore, said the revision institutionalizes previously made changes, making it harder to reverse them. He described the congress as a “one-man show” that shows Xi’s determination to create a system in which the party leads on policy, diminishing the role of the State Council and the legislature.

    “His determination is very clear,” Wu said. “He is willing to change everything.”

    During this year’s congress, many provincial meetings were opened to the media for the first time since the COVID-19 pandemic, though they were carefully scripted with prepared remarks and none of the spontaneity once glimpsed in decades past.

    The contrast with polarized politics in the U.S. and robust debate in other democracies could not be more stark: China’s political rituals, void of any overt dissent, put unity above all.

    Marching orders endorsed by the congress include calls to ensure national security and social stability at a time when job losses and underpayment of wages have sparked a growing number of protests.

    ___

    Associated Press researchers Wanqing Chen and Yu Bing contributed to this report.

    ___

    Follow AP’s Asia-Pacific coverage at https://apnews.com/hub/asia-pacific

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