U.S. Treasury Secretary Janet Yellen and U.S. Ambassador to China Nicholas Burns meet with representatives of the U.S. business community in China, in Beijing, July 7, 2023. REUTERS/Thomas Peter
In a meeting with Chinese Premier Li Qiang in Beijing on Friday, U.S. Treasury Secretary Janet Yellen expressed the United States’ desire for a healthy competition with China that follows fair rules and benefits both countries, instead of adopting a “winner-take-all” approach. Yellen emphasized the importance of regular communication between the two largest economies in the world and highlighted their shared responsibility to address global challenges such as climate change. While acknowledging the need for targeted actions to protect national security, Yellen cautioned against allowing disagreements to harm the overall economic and financial relationship between the two nations. She referred to Li’s previous remarks on the value of differences as a driver for communication and expressed her hope to expand communication channels between the U.S. and China. Yellen emphasized the goal of healthy economic competition with mutually beneficial outcomes based on a fair set of rules.
Denial of responsibility! SamacharCentrl is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.
Denial of responsibility! Samachar Central is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
