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Yellen in China for Talks Focused On Stabilizing Ties

U.S. Treasury Secretary Janet Yellen arrived Thursday in Beijing to meet with Chinese officials as part of an effort to address strained relations between the two countries. 

Treasury Department officials said ahead of the trip that Yellen would be discussing stabilizing the global economy, as well as challenging China’s support of Russia during the Russian invasion of Ukraine.  Yellen was not expected to meet with Chinese President Xi Jinping.

Her visit, which is scheduled to last through Sunday, follows U.S. Secretary of State Antony Blinken’s trip to Beijing last month.

Yellen met earlier this week with China’s Ambassador to the United States Xie Feng where the Treasury Department said Yellen “raised issues of concern while also conveying the importance of the two largest economies working together on global challenges, including on macroeconomic and financial issues.”

Chinese state media said Xie expressed hope that the two countries will eliminate interference and strengthen dialogue.

Some information for this story came from The Associated Press, Agence France-Presse and Reuters.

             

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