The week-long trip to China by US Treasury Secretary Janet Yellen sidestepped core economic disputes, and without headway, analysts said the pressure of November’s presidential election could force the Biden administration “to be more aggressive” on the trade front. Yellen ended her second trip to China in 10 months on Tuesday, having met Chinese officials … Read more
Four days of top-level economic meetings between the United States and China concluded in Beijing on Monday with no major breakthrough, but the world’s two largest economies agreed to hold more discussions to address rising friction over trade, investment and national security. The conversation is poised to become even more difficult, however, as hopes of … Read more
U.S. Treasury Secretary Janet Yellen on Tuesday underscored the urgency of moving forward together with Western allies to unlock the value of frozen Russian sovereign assets to help Ukraine, but said the U.S. had no “preferred strategy” for how to do so. Yellen, speaking at a news conference ahead of meetings with her G7 and … Read more
Beijing was also willing to promote the development of bilateral relations in a healthy, stable and sustainable direction, the news agency reported. “Both sides should continue to make good use of the Financial Working Group mechanism, continue to accumulate results and consolidate the momentum of cooperation in the financial field,” He was quoted as saying. … Read more
Treasury Secretary Janet Yellen said former President Donald Trump’s policies toward China left America “more vulnerable and more isolated” in the global economy, a rare jab by her at the front-runner for the Republican presidential nomination. Yellen, at a US-China Business Council event Thursday night, said the Trump administration “failed to make investments at home … Read more
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