Treasury Secretary Yellen Holds Talks with Chinese Counterpart in San Francisco

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Treasury Secretary Yellen Holds Talks with Chinese Counterpart in San Francisco
Janet YellenChinaEconomic Ties
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Treasury Secretary Janet Yellen says the United States has no desire to break economic ties with China.

SAN FRANCISCO -- Treasury Secretary Janet Yellen said the U.S. has no desire to break economic ties with China as she began two days of talks with her Chinese counterpart in San Francisco on Thursday. The finance leaders are aiming to make progress on a slew of economic issues at a time when competition has markedly intensified between their countries.

S. must take concrete steps. Only with that, China and the U.S. can join hands to cope with challenges together,' it said. 'Only with this, China and the U.S. can stabilize market expectations, create good conditions for investment activities and send positive signals to the outside.'In August, Biden signed an executive order designed to regulate and block high-tech U.S.

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