U.S. Treasury Secretary Janet Yellen landed in Beijing July 7 on a four-day trip aimed at finding common ground for a mutually beneficial economic relationship between the world's two largest economies.
Treasury Secretary Janet Yellen landed in Beijing Thursday on a four-day trip aimed at finding common ground as rivalry between the U.S. and China becomes increasingly adversarial.
Before departing for China, Yellen had a "frank and productive discussion" with Xie Feng, the Chinese U.S. ambassador, according to the U.S. Treasury.
In an April speech, Yellen stressed the importance of fairness in the U.S. economic competition with China.
"A full cessation of trade and investment would be destabilizing for both of our countries and the global economy."
Persons:
Janet Yellen, Andrew Sheng, Antony Blinken's, Yellen, Xie Feng
Organizations:
Treasury, University of Hong, Asia Global Institute, CNBC, U.S, U.S . Treasury, Treasury Department, U.S .
Locations:
Beijing, Asia, China, Europe, Chinese, People's Republic of China, U.S