Yellen's Visit to China Aims to Strengthen Economic Ties

Treasury Secretary Janet Yellen is set to visit China in an effort to stabilize the strained relationship between the two largest economies. The visit comes amid tensions over issues such as a Chinese spy balloon in the US and the Biden administration's efforts to limit China's access to sensitive technologies. Yellen is expected to discuss global challenges and mutual concerns with Chinese officials, including objections to China's ban on US-based manufacturer Micron Technology and concerns about human rights violations in Xinjiang. While both sides are likely to air grievances, Yellen aims to emphasize that US actions are not intended to completely decouple the economies.