Tag: Janet Yellen

Yellen lands in Beijing for high-stakes meetings with top Chinese officials
Money

Yellen lands in Beijing for high-stakes meetings with top Chinese officials

Treasury Secretary Janet Yellen arrived in Beijing on Thursday for high-stakes meetings with senior Chinese officials. It's her first visit to China as treasury secretary and comes as the U.S. and China have seen escalating tensions over national security and technology. "I am glad to be in Beijing to meet with Chinese officials and business leaders," Yellen tweeted after arriving in Beijing. "We seek a healthy economic competition that benefits American workers and firms and to collaborate on global challenges. We will take action to protect our national security when needed, and this trip presents an opportunity to communicate and avoid miscommunication or misunderstanding."Yellen is the second top-ranking Biden administration official to head to China in recent weeks. Secretary...
Treasury Secretary Janet Yellen Is Making A Long-awaited Trip To China This Week
Politics

Treasury Secretary Janet Yellen Is Making A Long-awaited Trip To China This Week

WASHINGTON (AP) — Treasury Secretary Janet Yellen will travel to Beijing Thursday as part of an ongoing Biden administration effort to thaw U.S.-China relations, a senior Treasury official said Sunday.Yellen, who has called the notion of an economic decoupling from China “disastrous,” has frequently said in the past year that she would like to visit China. She says the two nations “can and need to find a way to live together” in spite of their strained relations over geopolitics and economic development. Yellen will meet this week with Chinese officials, U.S. companies doing business in China and with Chinese people and will stay through July 9, said the official, who spoke on condition of anonymity to discuss details of the trip.The goal of her visit is to deepen and increase the frequen...