Treasury Secretary Janet Yellen visits China as part of efforts to soothe strained relations

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Treasury Secretary Janet Yellen arrived in Beijing on Thursday for meetings with Chinese leaders as part of efforts to revive relations that are strained by disputes about security, technology and other irritants.

Yellen planned to focus on stabilizing the global economy and challenging Chinese support of Russia during its invasion of Ukraine, Treasury officials in Washington told reporters ahead of the trip.

Yellen follows Secretary of State Antony Blinken, who met Xi last month in the highest-level U.S. visit to Beijing in five years. The two agreed to stabilize relations but failed to agree on improving communications between their militaries. Yellen said earlier the two governments “can and need to find a way to live together” in spite of their strained relations over geopolitics and economic development.

Relations have been strained by disputes over technology, security, China’s assertive policy abroad and conflicting claims to the South China Sea and other territory.

 

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