Janet Yellen to Visit China , to Try to Ease Tensions.
The U.S. Treasury secretary will go to Beijing on July 6, 'Financial Times' reports.
She will spend four days conversing
with top Chinese officials, though she
will not meet with President Xi Jinping.
Through this trip, we seek to deepen
and increase the frequency of communication between our countries moving forward
and to stabilize the relationship to avoid miscommunication and expand
collaboration where we can, Senior administration official, via statement.
Yellen's visit follows Secretary of State
Antony Blinken's visit to China that
took place just weeks ago.
Yellen's visit follows Secretary of State
Antony Blinken's visit to China that
took place just weeks ago.
Former White House official
Evan Medeiros said Yellen's trip is
"simply the next step in an uncertain process.".
It’s good to do but hard to see how it moves the ball in the complex game of great power competition. , Evan Medeiros, former White House official, via statement.
Given the militarized nature of
the competition and the competing world views, it is hard to see how the visit moves
the ball forward more than a few meters, Evan Medeiros, former White House official, via statement.
The two countries are currently feuding over issues such as Beijing's military presence around Taiwan as well as laws targeting espionage and sanctions, which interfere with U.S. business operations.
China has also accused the U.S. of making
it more difficult for the country to secure
advanced chips due to sweeping export controls.