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US Treasury Secretary Janet Yellen is set to give a speech on the US-China
economic relationship, emphasizing the US's commitment to fair and constructive
ties, while also protecting national security interests and pushing back against
China's actions to dominate foreign competitors.
Yellen outlined the Biden administration's economic priorities on China,
which include securing national security interests, fostering healthy
competition, and cooperating on global issues such as climate change and debt
relief. She urged China to work with the US on these issues, calling it a joint
duty and obligation to the world.
However, she also expressed concerns about China's support for state-owned
enterprises and intellectual property theft, stating that the US would defend
its vital interests without seeking a competitive economic advantage. |
