Janet Yellen's Strategy for Strengthening U.S.-China Relations

U.S. Treasury Secretary Janet Yellen outlined her priorities to stabilize the relationship between the United States and China, emphasizing the importance of preventing escalation for the safety and security of both economies and the world. Yellen plans to visit China for a second time as Treasury Secretary and highlighted the need to understand China's economic decisions and challenges. Collaboration on climate change and efforts to combat illicit finance risks associated with cryptocurrency were also mentioned as areas for potential cooperation between the two countries.