July 9, 2023

After a high stakes four-day trip to China, U.S. Treasury Secretary Janet Yellen said she had a “constructive visit” and a “very substantive series of meetings” with Chinese officials about the state of the global economy, export controls and national security.

Yellen’s trip is part of ongoing efforts to stabilize U.S.-China relations after months of escalating tensions. Her visit came just weeks after Secretary of State Antony Blinken’s visit last month.

These efforts could ultimately pave the way for a meeting between U.S. President Joe Biden and Chinese President Xi Jinping on the sidelines of the G-20 leaders’ summit in New Delhi in September and the APEC leaders’ summit in San Francisco in November. Both leaders last met in Bali last year.

Read more:

https://www.cnbc.com/2023/07/09/yellen-had-a-constructive-visit-to-china-with-opportunities-for-more-frequent-contacts-in-the-future-she-says.html