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☆ Biden order curbing investment to China expected next week
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: +3 min

President Joe Biden is expected to issue his long-awaited executive order to screen outbound investments in sensitive technologies to China early next week, according to people familiar with the matter. The order is expected to target U.S. private equity, venture capital and joint venture investments in China in semiconductors, quantum computing and artificial intelligence. Most investments captured by the order will require that the government be notified about them. The regulations are not expected to take effect right away and the administration will solicit comment on its proposals, according to sources. Sources have told Reuters the investments that will be restricted are expected to track export control rules for China issued by the U.S. Department of Commerce in October.

Persons: Joe Biden, Xi Jinping, Cordell Hull, Janet Yellen's, Laura Black, Emily Kilcrease Organizations: U.S . Commerce Department, U.S, Foreign Investment, Reuters, U.S . Department of Commerce Locations: Bali , Indonesia, China, U.S, Yellen, United States

☆ Treasury Secretary Yellen says surprising Fitch downgrade is 'entirely unwarranted'
▼ + stars: | 2023-08-02 | by ( Chelsey Cox | ) www.cnbc.com time to read: +1 min

Treasury Secretary Janet Yellen testifies before the House Financial Services Committee on the state of the international financial system, in the Rayburn House Office Building on Capitol Hill in Washington, DC on June 13, 2023. WASHINGTON — Treasury Secretary Janet Yellen on Wednesday denounced Fitch's decision to downgrade the United States' longstanding credit rating that caused stocks to tumble. Yellen, who spoke during a visit with Danny Werfel, commissioner of the IRS, called the move "surprising" considering the nation's strong economic recovery from the Covid pandemic. Fitch cited "expected fiscal deterioration over the next three years," and "repeated debt-limit political standoffs" when it downgraded the nation's rating to AA+ from AAA. "I strongly disagree with Fitch's decision, and I believe it is entirely unwarranted," Yellen said.

Persons: Janet Yellen, Fitch's, Danny Werfel, Fitch, Yellen, we've Organizations: Financial, WASHINGTON —, AAA, CNBC Locations: Rayburn, Washington , DC, States

☆ Treasury Secretary Janet Yellen responds to Fitch's decision to downgrade U.S. to AA+
▼ + stars: | 2023-08-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTreasury Secretary Janet Yellen responds to Fitch's decision to downgrade U.S. to AA+The 'Fast Money' traders talk the latest on Secretary Yellen's response to Fitch Rating's downgrade of U.S. credit rating.

Persons: Janet Yellen, Fitch

☆ US Treasury's Yellen sees Vietnam as key partner in 'friendshoring' supply chains
▼ + stars: | 2023-07-21 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

July 21 (Reuters) - The United States sees Vietnam as a key partner in expanding green energy sources and building more resilient supply chains, U.S. Treasury Secretary Janet Yellen said in a speech to be delivered in the country's capital of Hanoi on Friday. Yellen's visit is part of a push by the United States to upgrade its formal ties with Vietnam as it works to reduce dependence on Chinese supply chains by expanding manufacturing at home and boosting trade with trusted partners. But its efforts have met some resistance in Hanoi, over what experts see as concerns that China could view the move as hostile. The United States and Vietnam normalized relations in 1995, two decades after the end of the Vietnam War, and signed a bilateral trade agreement five years later. She underscored that Washington's "friendshoring" drive was not meant for "an exclusive club of countries.

Persons: Janet Yellen, Yellen, Washington, Andrea Shalal, Jamie Freed Organizations: Treasury, U.S ., ASEAN Business Council, Intel, Initiative, The, Vietnam's, Thomson Locations: United States, Vietnam, U.S, Hanoi, Asia, Washington, China, Arizona, Saigon, The United States

☆ US working with India on platform to speed energy transition - Yellen
▼ + stars: | 2023-07-17 | by ( Aftab Ahmed | ) www.reuters.com time to read: +2 min

[1/3] U.S. Treasury Secretary Janet Yellen addresses the media, along with Indian Finance Minister Nirmala Sitharaman, on the sidelines of a G20 meeting at Gandhinagar, India, July 17, 2023. REUTERS/Amit DaveGANDHINAGAR, India, July 17 (Reuters) - The United States is working with India to develop an investment platform to lower the cost of capital and increase private investment to fast-track India's energy transition, U.S. Treasury Secretary Janet Yellen said on Monday. The visit is Yellen's third to India this year, indicating the growing closeness between the two countries. Australia and Japan are hoping to make progress during the G20 meeting on the global minimum tax. Yellen will visit Vietnam after the G20 finance meetings end on July 18.

Persons: Janet Yellen, Nirmala Sitharaman, Amit Dave GANDHINAGAR, Yellen, Sitharaman, Narendra Modi's, Swati Bhat, Shilpa Jamkhandikar, Christian Schmollinger, Lincoln, Simon Cameron, Moore Organizations: . Treasury, Indian Finance, REUTERS, Treasury, Thomson Locations: Gandhinagar, India, United States, U.S, Gujarat, Washington, Australia, Japan, Vietnam

☆ US working with India on platform to speed its energy transition - Yellen
▼ + stars: | 2023-07-17 | by ( Aftab Ahmed | ) www.reuters.com time to read: +1 min

GANDHINAGAR, India, July 17 (Reuters) - The United States is working with India to develop an investment platform to lower the cost of capital and increase private investment to fast-track India's energy transition, U.S. Treasury Secretary Janet Yellen said on Monday. The visit is Yellen's third to India this year, indicating the growing closeness between the two countries. Yellen said the two nations have been collaborating across a range of economic issues, including commercial and technological collaboration and strengthening supply chains. "In particular, we look forward to working with India on an investment platform to deliver a lower cost of capital and increased private investment to speed India's energy transition," she said. Yellen will visit Vietnam after the G20 finance meetings end on July 18.

Persons: Janet Yellen, Nirmala Sitharaman, Narendra Modi's, Yellen, Swati Bhat, Shilpa Jamkhandikar, Christian Schmollinger Organizations: Treasury, Thomson Locations: GANDHINAGAR, India, United States, U.S, Washington, Vietnam, Lincoln

☆ China's ailing economy poses risks – but there won't be a recession in the US, Janet Yellen says
▼ + stars: | 2023-07-17 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

The US isn't going to suffer a recession, Janet Yellen said Monday. "Growth has slowed, but our labor market continues to be quite strong," she told Bloomberg. But China’s economic slowdown does pose risks, the Treasury Secretary warned. But the Treasury Secretary did warn of one potential threat to both global and US growth: China. "Many countries do depend on strong Chinese growth to promote growth in their own economies, particularly countries in Asia," Yellen said.

Persons: Janet Yellen, Yellen, Joe Biden Organizations: Bloomberg, Service, Federal Reserve, Unemployment, –, Apple, Nike Locations: Wall, Silicon, India, Maryland, China, Asia, United States

Washington is seeking to protect U.S. manufacturers from low-cost competitors in China, including those it suspects of using forced labor, which Beijing denies. Both countries say they should be able to collaborate on climate change regardless of other disagreements. After Pelosi's August trip to Taiwan, a democratically-governed island that China claims as part of its territory, Beijing said it would halt all dialogue with Washington on climate change. The two countries only resumed informal climate talks in November at the COP27 summit in Egypt. During Yellen's visit last month, she made a public push to get China to participate in the UN-run funds to help poorer nations address climate change.

Persons: Kerry, John Kerry, Xie Zhenhua, David Sandalow, Biden, Antony Blinken, Janet Yellen, Li Shuo, Nancy Pelosi, Pelosi's, Alden Meyer, Yellen's, Fang Li, Valerie Volcovici, David Stanway, John Stonestreet Organizations: Observers, UN, U.S, Center, Global Energy, Greenpeace, Trump, ., Centre for Research, Energy, Clean, Global Energy Monitor, World Resources Institute, Thomson Locations: COP28 WASHINGTON, United States, China, Beijing, Washington, Paris, Taiwan, U.S, Xinjiang, Egypt, Singapore

☆ Why US Treasury Secretary Yellen’s visit to a Beijing restaurant set off a wild mushroom craze
▼ + stars: | 2023-07-15 | by ( Maggie Wong | Maggie Hiufu Wong | ) edition.cnn.com time to read: +12 min

Among the dishes the food blogger claimed to have spotted were grilled fish with herbs, stir-fried pickled Yunnan wild greens with potato slices and cold rice noodles. She ordered four portions of jian shou qing (a Yunnan wild mushroom species). But the most heated discussions were focused on the multiple orders of the mushroom dish – jian shou qing. Jian shou qing, Yunnan’s mysterious mushroomsBaskets of jian shou qing mushrooms, foraged from a Yunnan forest. Chieu Luu/CNNThe fact that Yellen and her team visited a Yunnan restaurant shouldn’t come as a surprise.

Persons: Hong Kong CNN — It’s, Janet Yellen, jian shou qing, Yi Zuo Yi Wang, ”, Pan Pan Mao, ” Pan Pan Mao, Yellen, Mark Schiefelbein, Yellen’s, Jian shou qing, Colin Domnauer Jian shou qing, “, Peter Mortimer, Mortimer, Jun Xu, they’re, Luu, Dian Cai –, Ng Mung Lam, Ng, Yellen's, Leisa Tyler, LightRocket Organizations: Hong Kong CNN, Weibo, CNN, Kunming Institute of Botany, African, Getty, Botanical Society of, Xinhua, CNN Travel Locations: Hong Kong, Beijing, China, Yunnan, Vietnam, Laos, Myanmar, Weibo, India, Yunnan Province, Botanical Society of Yunnan, China’s, Shenzhen, Chuxiong prefecture, pu’er

☆ Nasdaq leads Wall St to higher close as CPI report lifts sentiment
▼ + stars: | 2023-07-12 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +4 min

Shares of big tech-related companies, which tend to be sensitive to higher interest rates, gave the S&P 500 its biggest boost. The Labor Department report also showed the smallest monthly gain in underlying consumer prices since August 2021. The S&P 500 banks index (.SPXBK) was up 0.6%. Advancing issues outnumbered declining ones on the NYSE by a 3.23-to-1 ratio; on Nasdaq, a 1.93-to-1 ratio favored advancers. The S&P 500 posted 66 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 129 new highs and 42 new lows.

Persons: Michael James, Quincy Krosby, Marvel, Janet Yellen's, Caroline Valetkevitch, Johann M Cherian, Shashwat Chauhan, Shinjini Ganguli, Nick Zieminski, David Gregorio Our Organizations: Nvidia, Broadcom, Dow, Nasdaq, Reserve, CPI, Wedbush Securities, Dow Jones, Labor Department, JPMorgan Chase, chipmaker Broadcom, VMware, Marvell Technology, Treasury, NYSE, Thomson Locations: Los Angeles, North Carolina, U.S, York, China, Beijing, Bengaluru

[1/3] US Treasury Secretary Janet Yellen speaks during her meeting with China's Vice Premier He Lifeng (out of frame) at the Diaoyutai State Guesthouse in Beijing on July 8, 2023. Yellen said nothing publicly to indicate that the U.S. was poised to ease tariffs, but commentators in China were hopeful, amid a U.S. Trade Representative review. "While U.S might continue its technological curbs on China, a reduction or exemption of non-core tariffs against China is possible." Yellen last year advocated eliminating some duties on "non-strategic" goods as a way to ease some specific costs amid high inflation. Haley has said she would push Congress to revoke China’s trade status until China curbs its alleged role in the fentanyl trade.

Persons: Janet Yellen, Lifeng, Pedro PARDO, Janet Yellen's, Biden, Harry Broadman, Donald Trump's, Premier Li Qiang, Yellen, Hong Hao, Chad Bown, " Bown, Josh Hawley, Ron DeSantis, Nikki Haley, Haley, Donald Trump, David Lawder, Andrea Shalal, Gram Slattery, Jeff Mason, Heather Timmons, Nick Zieminski Organizations: China's, WASHINGTON, . Treasury, Trump, White House, World Bank, Berkeley Research, Premier, U.S . Treasury, . Trade, China's Finance, U.S, Grow Investment, Times, Peterson Institute of International Economics, Reuters, Republican, Firebrand, Thomson Locations: Diaoyutai, Beijing, China, U.S, Washington, U.s, Donald Trump's China, CHINA, Xinjiang, Hong Kong, Florida, Mexico, Cuba

☆ Chip supply chain: China is in a leading position but doesn't have a 'chokehold,' law firm says
▼ + stars: | 2023-07-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChip supply chain: China is in a leading position but doesn't have a 'chokehold,' law firm saysClete Willems, partner at Akin Gump Strauss Hauer & Feld, says U.S. Treasury Secretary Janet Yellen's China visit was a "success" but doesn't put U.S.-China tech competition on a "different trajectory."

Persons: Clete Willems, Akin Gump Strauss Hauer, Feld, Janet Yellen's, doesn't Organizations: Treasury Locations: China, Janet Yellen's China

☆ Morning Bid: As yields and the yen go, so goes the dollar
▼ + stars: | 2023-07-11 | by ( ) www.reuters.com time to read: +2 min

Traders in Asia nudged both yields and the dollar a whisker lower on Tuesday, with an eye on Wednesday's U.S. inflation data. Two-year and ten-year Treasury yields are back below 5% and 4%, respectively. The yen is in the driver's seat in foreign exchange markets, as investors pull back on high-yielding bets in emerging markets that have been funded by cheaply borrowed yen. Such trades are placed by selling yen for dollars and then dollars for emerging-market currencies such as the peso or the real, so reversing them requires selling dollars for yen. The yen has risen to the strong side of 141 per dollar for the first time in three weeks.

Persons: Tom Westbrook, Janet Yellen's, Edmund Klamann Organizations: Traders, ., HK, Ant Group, Treasury, Thomson Locations: Asia, U.S, Beijing, Hong Kong

☆ Economic expectations for China following zero-Covid haven't been met, says AEI's Derek Scissors
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomic expectations for China following zero-Covid haven't been met, says AEI's Derek ScissorsDerek Scissors, senior fellow at the American Enterprise Institute, joins 'The Exchange' to discuss Janet Yellen's visit to China, the possibility of changing U.S. export controls on China, and more.

Persons: haven't, Derek, Derek Scissors, Janet Yellen's Organizations: American Enterprise Institute Locations: China

☆ Despite significant disagreements between China and the US, the world is 'big enough for both countries to thrive': Janet Yellen
▼ + stars: | 2023-07-10 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Treasury Secretary Janet Yellen concluded her trip to China on Sunday with an appeal for both nations to find 'a way to live together.' 'We believe that the world is big enough for both of our countries to thrive,' she said. We believe that the world is big enough for both of our countries to thrive," she said, according to a transcript of her speech on Sunday. John Kerry, the U.S. special envoy for climate change, is slated for a visit to China later this month, per Bloomberg. Despite Yellen's optimism, at least one analyst feels that relations between the US and China remain tenuous.

Persons: Janet Yellen, Yellen, Biden, Yellen's, Antony Blinken's, Xi Jinping, John Kerry, Vishnu Varathan Organizations: Service, US, of Commerce, Eurasia Group, Biden, U.S, Bloomberg, Mizuho Bank's Locations: China, Wall, Silicon, Mizuho Bank's Asia, Oceania

☆ Yellen says US, China want to 'stabilize' relationship
▼ + stars: | 2023-07-10 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, July 10 (Reuters) - U.S. Treasury Secretary Janet Yellen said she believes the United States and China want to stabilize their economic ties with "candor" and "respect." "There are challenges, but I believe there is a desire on both sides to stabilize the relationship and to constructively address problems that each of us see in our relationship, to do so frankly, with candor, with respect and to build a productive relationship going forward," she said. Yellen underscored that Washington was not looking to decouple from the Chinese economy, as Beijing fears, and noted that the United States and China would have almost $700 billion in trade this year, benefiting both sides. She said China has made many advances in recent years, including addressing a serious pollution problem in Beijing. "This is one of the most important bilateral relationships and economic and financial relationships that we have," Yellen said.

Persons: Janet Yellen, Yellen, Antony Blinken, Joe Biden's, John Kerry, Washington, Andrea Shalal, Chris Reese, Leslie Adler Organizations: . Treasury, U.S, Thomson Locations: United States, China, Beijing, Taiwan, U.S, Washington

☆ Improvement in talks with China will bring U.S. investors back into Chinese stocks: Brendan Ahern
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailImprovement in talks with China will bring U.S. investors back into Chinese stocks: Brendan AhernBrendan Ahern, KraneShares CIO, joins 'Closing Bell Overtime' to breakdown Secretary Yellen's meeting with Chinese officials and what it means for U.S. investors.

Persons: Brendan Ahern Brendan Ahern, Yellen's Organizations: KraneShares Locations: China

☆ Yellen's latest trip helps set a new normal for the U.S.-China relationship
▼ + stars: | 2023-07-10 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Cabinet member to visit China in a month, setting the stage for more high-level communication between the two countries. In coming days, John Kerry, special presidential envoy for climate, also plans to visit China, he told the The New York Times. She said she told her Chinese counterparts that any curbs on U.S. outbound investments would be "very narrowly targeted." Yellen's visit this past Thursday to Sunday came about three weeks after Blinken met with Chinese President Xi Jinping in Beijing. He also leads China-U.S. economic and trade cooperation efforts, according to a state media report that described his meeting with Yellen as "constructive."

Persons: Li Qiang, Janet Yellen, Mark Schiefelbein, John Kerry, Antony Blinken, Yifan Hu, Yellen, Blinken, Xi Jinping, Scott Kennedy Organizations: U.S, Treasury, of, People, Afp, Getty, U.S . Cabinet, New York Times, CNBC, Asia Pacific, UBS Global Wealth Management, Ministry of Finance, Commerce Ministry, CBS, Scott Kennedy Center for Strategic, International Locations: Beijing, BEIJING, U.S, China, Asia

☆ CNBC Daily Open: June’s jobs report won’t stop rate hikes
▼ + stars: | 2023-07-10 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

A 'Now Hiring' sign posted outside of a restaurant looking to hire workers on May 05, 2023 in Miami, Florida. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Jobs growth cooledU.S. nonfarm payrolls increased 209,000 in June while the unemployment rate was 3.6%, according to the Labor Department. Job creation was — for once — lower than economists' expectations of 240,000, though the unemployment rate, which was 0.1 percentage point lower than in May, was exactly on the mark.

Persons: nonfarm, Hong, Janet Yellen, she's Organizations: CNBC, Labor Department, Ant, PPI, Treasury, U.S, China Locations: Miami , Florida, U.S, Asia, Pacific, Alibaba . Hong Kong, China

☆ Yellen's China visit: Communication channels are a 'pressure release,' lawyer says
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYellen's China visit: Communication channels are a 'pressure release,' lawyer saysReid Whitten, managing partner at Sheppard Mullin, says the "through line" for U.S. Treasury Secretary Janet Yellen's and U.S. Secretary of State Antony Blinken's visits to China is the desire to open channels of communication.

Persons: Reid Whitten, Sheppard Mullin, Janet Yellen's, Antony Blinken's Organizations: Treasury Locations: China

☆ Yellen's China trip yields long meetings, 'cordial' tone, but no consensus
▼ + stars: | 2023-07-10 | by ( David Lawder | ) www.reuters.com time to read: +5 min

"The accomplishment of the meeting was the meeting itself, not specific issues," said Scott Kennedy, a China economics expert at the Center for Strategic and International Studies in Washington. A senior U.S. Treasury official accompanying Yellen on her first trip to China as secretary described it as "respectful, frank and constructive," adding: "She was warmly received." Her meeting on Saturday with He, China's new economic czar, was scheduled for two hours but lasted five, followed by a "cordial" dinner, the official said. In the meantime, Yellen said the talks set the stage for more frequent U.S.-China communications at the staff level about economic issues, including areas of disagreement. A possible venue for this would be the Asia-Pacific Economic Cooperation summit in San Francisco in November.

Persons: Janet Yellen, Yellen, Lifeng, Scott Kennedy, Premier Li Qiang, Pan Gongsheng, Joe Biden's, Jake Colvin, Hong Hao, Hong, Colvin, Biden, John Kerry, Gina Raimondo, Xi Jinping, Wang Yiwei, David Lawder, Andrea Shalal, Ryan Woo, Ellen Zhang, Qiaoyi Li, Stephen Coates Organizations: . Treasury, U.S, Center for Strategic, International Studies, Global Times, Treasury, Premier, People's Bank of China, National Foreign Trade Council, Grow Investment, . Commerce, Renmin University, Economic Cooperation, Thomson Locations: Beijing, China, Washington, China's, U.S, United States, Hong Kong, Asia, San Francisco, Anchorage , Alaska

☆ Yellen's China visit: She's very much preferred over Blinken, professor says
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYellen's China visit: She's very much preferred over Blinken, professor saysLi Daokui, Mansfield Freeman Professor of Economics at Tsinghua University and former advisor to China's central bank, says that when it comes to China, U.S. Treasury Secretary Janet Yellen is a "preferred person" compared with Secretary of State Antony Blinken.

Persons: Li Daokui, Mansfield Freeman, Janet Yellen, Antony Blinken Organizations: Tsinghua University, Treasury Locations: China, U.S

☆ Yellen's latest trip continued to stabilize the U.S.-China relationship: Jeff Moon
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYellen's latest trip continued to stabilize the U.S.-China relationship: Jeff MoonJeff Moon, China Moon Strategies founder and former assistant U.S. trade representative for China, joins 'Squawk on the Street' to discuss Treasury Secretary Yellen's recent visit to China, how the visit impacted the US-China relationship, and more.

Persons: Jeff Moon Jeff Moon, Yellen's Organizations: ., China Moon Locations: China

☆ Treasury Secretary Yellen's China trip 'went as well as can be expected', says APCO's Jim McGregor
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTreasury Secretary Yellen's China trip 'went as well as can be expected', says APCO's Jim McGregorJim McGregor, APCO Worldwide greater China chairman, joins 'Squawk Box' to discuss Treasury Secretary Janet Yellen's four day trip to China, whether progress was made in U.S.-China relations, and more.

Persons: Yellen's, Jim McGregor Jim McGregor, Janet Yellen's Organizations: APCO Locations: Yellen's China, China, U.S

☆ Top US-China exchanges since Biden took office
▼ + stars: | 2023-07-09 | by ( ) www.reuters.com time to read: +5 min

Below is a list of some of the other high level U.S.-China exchanges since President Joe Biden took office in 2021. FIRST TRADE TALKS - May 26, 2021U.S. Trade Representative Katherine Tai and China's then Vice Premier Liu He held talks virtually, the first such high level trade talks between the world's two biggest economies since Biden took office. DIPLOMAT VISITS CHINA - July 26, 2021Deputy Secretary of State Wendy Sherman held talks with State Councillor Wang Yi, in Tianjin, China. DEFENCE CHIEFS HOLD FIRST TALKS - April 20, 2022U.S. Defense Secretary Lloyd Austin held a call with China's then defence minister Wei Fenghe, the first talks between the two officials since Biden took office. BIDEN AND XI MEET IN BALI - November 14, 2022Biden and Xi held their long-awaited first face-to-face leadership talks on the sidelines of the G20 summit in Bali, Indonesia.

Persons: Janet Yellen, John Kerry, Joe Biden, BIDEN, Biden, Xi Jinping, Xi, Jake Sullivan, Yang Jiechi, Wang Yi, Katherine Tai, China's, Liu, Wendy Sherman, SULLIVAN, YANG, Sullivan, Yang, Lloyd Austin, Wei Fenghe, WANG, Wang, Nancy Pelosi, HARRIS, Kamala Harris, Gina Raimondo, Wang Wentao, National Defense Li Shangfu, Li, BLINKEN, Antony Blinken, Washington's, Martin Quin Pollard, Raju Gopalakrishnan, Kim Coghill Organizations: . Treasury, U.S, FIRST, National Security, . Trade, CHIEFS, . Defense, General Assembly, BIDEN, IN, Economic Cooperation APEC, CHINA COMMERCE, . Commerce, Commerce, Washington D.C, China's, National Defense, Pentagon, Austin, BEIJING, Thomson Locations: China, Beijing, Yellen's, U.S, Anchorage , Alaska, Blinken, CHINA, Tianjin, Taiwan, North Korea, ROME, Russia, Ukraine, New York, IN BALI, Bali , Indonesia, BANGKOK, Asia, Thailand, MUNICH, Munich, WASHINGTON, Washington, Singapore

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