US Treasury Secretary Janet Yellen arrived in China today for a visit, during which she is expected to address Chinese subsidies in solar power, electric cars and batteries, which are of concern to the United States. The Minister of Finance begins her visit from Canton (Guangzhou), the emblematic metropolis of the industrial power of the Asian country. This is Yellen's second visit to China in less than a year. This visit follows a phone call yesterday, Tuesday, between US President Joe Biden and China's Xi Jinping, during which they expressed opposing views on the United States' trade restrictions against China, while stating that they want to stabilize the bilateral relationship. Janet Yellen's schedule of meetings, working lunches and even boat trips is aimed at bolstering American positions with top Chinese economic leaders, a Treasury Department official said. […]
Source: News Beast
With 6 years of experience, I bring to the table captivating and informative writing in the world news category. My expertise covers a range of industries, including tourism, technology, forex and stocks. From brief social media posts to in-depth articles, I am dedicated to creating compelling content for various platforms.
