After 10 hours of meetings over two days in Beijing, Ms. Yellen said at a news conference on Sunday that she believed the United States and China were on a steadier footing despite their “significant disagreements.”“We believe that the world is big enough for both of our countries to thrive,” Ms. Yellen said.
And later this month, John Kerry, the special presidential envoy for climate change, will visit China to restart global warming negotiations.
Yet a meaningful easing of the economic tension may not be likely.
Ms. Yellen headed back to Washington on Sunday with no announcements of breakthroughs or agreements to mend the persistent fissures between the two nations.
And Ms. Yellen made clear that the Biden administration has serious concerns about many of China’s commercial practices, including its treatment of foreign companies, and policies that the United States views as efforts at economic coercion.
Persons:
Janet L, Yellen, ”, Ms, Antony J, John Kerry, Biden
Locations:
China, United States, Ukraine, U.S, Beijing, Washington