Yellen's China Visit: Easing Tensions and Advancing US Relations

1 min read
Source: The New York Times
Yellen's China Visit: Easing Tensions and Advancing US Relations
Photo: The New York Times
TL;DR Summary

US Treasury Secretary Janet Yellen is set to visit China in an effort to improve communication between the two countries, but tensions remain high. Contentious issues include technology and trade controls, deteriorating business environments, currency manipulation, global debt, and human rights and national security concerns. The Biden administration's restrictions on Chinese access to critical technology and investment, as well as the ongoing tariffs imposed by the Trump administration, continue to strain relations. Yellen's visit is not expected to yield major breakthroughs, but rather aims to ease tensions and foster dialogue between the world's two largest economies.

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