In the same time, Yellen expressed concern to senior Chinese officials that there are features of the Chinese economy that have growing negative spillovers on the U.S. and the globe, especially China’s macroeconomic imbalances, namely its weak household consumption and business overinvestment, which...
TMTPost -- U.S. Treasury Secretary Janet Yellen reiterated a stance that the United States does not stand for decoupling from China atstart of her six-day visit to the world’s second largest economy. Credit:CGTN “With a large and growing middle-class, China represents a huge market for ...
“China sincerely hopes our two countries will be partners, not rivals, and we should respect each other, coexist peacefully, and cooperate for mutual benefits,” Li told U.S. Treasury Secretary Janet Yellen at the Great Hall of the People in Beijing on Sunday. Li noted the China-U.S. r...
China and the United States are expected to exert more joint efforts to improve bilateral economic and trade ties, make positive contributions to economic globalization and address common challenges — as hoped for by businesses from both sides — experts said on Wednesday. They also said the two...
Fleming, Sam
TMTPost -- U.S. Treasury Secretary Janet Yellen reiterated a stance that the United States does not stand for decoupling from China atstart of her six-day visit to the world’s second largest economy. Credit:CGTN “With a large and growing middle-class, China represents a huge market for...
Yellen emphasized the importance of mutual cooperation while acknowledging the existence of major differences between the two countries. Central to her agenda was the issue of China's trade practices, which have been a source of concern for US companies and workers. Yellen's focus on addressing th...
s really focused on this because she thinks it’s super important for the US to have fair trading and look after its growing clean energy area from China’s possible harsh trade tricks. “I plan on bringing this up as a big deal when I go over there,” Yellen said, showing she means...
Their comments came as the Ministry of Finance said on Wednesday that US Treasury Secretary Janet Yellen will visit China from April 4 to 9, as agreed by the two countries. She will arrive in Guangzhou, Guangdong province, on Thursday. During her stay in China, Yellen will meet with represe...
“The world’s attitude towards China and its willingness to embrace further economic integration may well be affected by China’s reaction to our call for resolute action on Russia,” she said. The U.S. and its allies have used sanctions to weaponize the global economy against Rus...