US Treasury Secretary Yellen had “direct” and “productive” meetings with Chinese officials
MACRO
US Treasury Secretary Yellen had “direct” and “productive” meetings with Chinese officials
MACRO

US Treasury Secretary Yellen had “direct” and “productive” meetings with Chinese officials

 

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US Treasury Secretary Janet Yellen said her meetings with senior Chinese officials were “direct” and “productive” and helped stabilise the two nations’ rocky relationship as her four-day Beijing trip ended.

Before leaving China on Sunday, Yellen said the US and China remained at odds on several issues but she is confidence that her visit had advanced efforts to put the relationship on “surer footing”.

“The US and China have significant disagreements,” Yellen told a press conference at the US embassy in Beijing before ending the four-day trip to China, citing US concerns about what she called “unfair economic practices” and punitive actions against US firms.

“But President Biden and I do not see the relationship between the US and China through the frame of great power conflict. We believe that the world is big enough for both of our countries to thrive.”