Quick takeaways from China’s Central Economic Work Conference

中国中央经济工作会议的快速要点

World Today

2025-12-11

53 分钟
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单集简介 ...

① The U.S. Federal Reserve has cut interest rates for a third time this year, though the decision came with a divided vote. How should the Fed balance its goals of taming inflation and supporting employment? (00:57) ② Venezuela has condemned the latest US seizure of an oil tanker as a “grave international crime.” Why is Washington escalating pressure on Caracas? (14:37) ③ China has held its annual Central Economic Work Conference to set its economic priorities for 2026. We bring you a few quick takeaways from the meeting. (24:59) ④ A conversation with Rebecca Grynspan, Secretary-General of the UN Conference on Trade and Development, on how the Global South can turn trade into financial clout. (38:42) ⑤ Mexico has approved tariffs of up to 50% on countries that don’t have a free trade deal with it. What has prompted this move, especially while Mexico is negotiating with the U.S. over tariffs? (45:03)
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单集文稿 ...

  • Hello and welcome to World Today.

  • I am Ding Heng in Beijing.

  • Coming up, a divided US Federal Reserve cuts interest rates for a third straight time.

  • The United States has seized an oil tanker off the coast of Venezuela in escalation of Washington's ongoing pressure campaign against this country.

  • China has held its annual Central Economic Work Conference to decide on its economic priorities for the next year.

  • And Mexico approves up to 50% tariffs on countries that don't have a trade deal with Mexico.

  • To listen to this episode again or to catch up on previous episodes,

  • you can download our podcast by searching World Today.

  • First up, the US Federal Reserve has cut its benchmark interest rate by a quarter percentage point.

  • This is actually the third rate cut so far this year, bringing the rate to a range of 3.5 to 3.75%.

  • The fact says uncertainty about the economic outlook remains high,

  • noting moderate economic expansion and elevated inflation.

  • The Central Bank of the United States also signaled that rates may remain unchanged in the coming month.

  • U.S.

  • President Donald Trump said that the rate cut could have been larger.

  • So, for more joining us now on the line is Mr.

  • Liu Zhiting.

  • Senior Fellow was the Chongyang Institute for Financial Studies, Renmin University of China.

  • So thank you very much for joining us today, Mr.

  • Liu Zhiching.