The Biden administration will push China to change an industrial policy that poses a threat to U.S. jobs, Treasury Secretary Janet Yellen said Monday after…
She also said in Beijing they had “difficult conversations” about national security, including American concerns that Chinese companies are supporting Russia in its war in Ukraine.She also said in Beijing they had “difficult conversations” about national security, including American concerns that Chinese companies are supporting Russia in its war in Ukraine.
Last September, the U.S. and China formed working groups in an effort to ease tensions and deepen ties between the two nations. The upcoming discussions will coincide with the IMF and World Bank Spring Meetings. “We intend to underscore the need for a shift in policy by China during these talks,” Yellen said at a news conference held outdoors on a balmy spring day at the U.S. ambassador's residence in Beijing.
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