U.S. Treasury Secretary Janet Yellen said she spent 10 hours talking to Chinese officials during her four-day trip, and her effort has now moved China-U.S. ties closer to a “surer footing.” Ms. Yellen wrapped up her trip on Sunday after holding talks with several senior Chinese Communist Party (CCP) officials, including Premier Li Qiang, Vice…
Yellen Says Her China Trip Puts Sino–US Relationship on ‘Surer Footing’
Yellen to Chinese Officials: US National Security Will Not Be Compromised
After her four-day trip to Beijing, U.S. Treasury Secretary Janet Yellen said she told Chinese officials that U.S. national security will not be compromised. In an interview with CBS on Sunday Ms. Yellen said, “an objective of my trip was to explain that national security is something that we can’t compromise about and we will…
Yellen to Chinese Officials: US National Security Won’t Be Compromised
Treasury Secretary Janet Yellen said that she told Chinese officials during her four-day trip to Beijing that the United States won’t allow its national security to be compromised. In an interview with CBS on July 9, Ms. Yellen said, “An objective of my trip was to explain that national security is something that we can’t compromise…
Yellen Says Direct Communication Can Resolve US-China Trade Woes
U.S. Treasury Secretary Janet Yellen on Saturday called on the Chinese regime to communicate “directly” if there are concerns about specific economic practices, reiterating the importance of communication amid a “complicated global economic outlook.” Ms. Yellen’s remarks were delivered during a meeting with China’s Vice Premier He Lifeng, a long-time ally of Chinese leader Xi…
CCP Tightens Control Over Chinese Economy
Commentary The Chinese Communist Party (CCP) intensifies control over the economy with a new vice premier and new supervisory bodies. Under Xi Jinping, the CCP has continuously tightened its grip on the economy, including finance and banking. Now, newly-appointed Vice Premier He Lifeng and several new party-led bodies will ensure the country’s financial system aligns…
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