Yellen Says US-China Ties on ‘Surer Footing’ After Beijing Visit

July 9, 2023, 4:20 PM UTC

US Treasury Secretary Janet Yellen struck a positive but pragmatic tone after completing a high-stakes trip to China that aimed to reassure officials the US won’t hold back its biggest economic competitor.

Yellen’s comments were delivered at a press conference capping a four-day visit to Beijing that she’d described as a mission to revive engagement between the two largest economies. Frictions between Washington and Beijing have tumbled into a tit-for-tat trade war with both sides restricting exports critical to advanced technologies.

WATCH: Treasury Secretary Yellen speaks in Beijing.
Source: Bloomberg

The US Treasury chief emphasized the benefits of trade with China and said she’d stressed to skeptical officials ...

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