Janet Yellen's Visit to China: Building Communication Amid Disagreements and Tensions

US Treasury Secretary Janet Yellen held talks with China's economic leadership, expressing the need for clear communication and a resilient relationship between the two countries. Yellen's visit marked another effort by the US to navigate strained relations with China. While the US has imposed sanctions and rallied allies against Beijing, Yellen emphasized that the US does not seek to decouple from China, as it would be disastrous for both countries and the world. However, she mentioned that targeted actions would be taken to protect national security interests. Chinese officials expressed concerns about US sanctions and restrictive measures, calling for a more conducive environment for economic and trade exchanges.

Yellen also highlighted the importance of finding a way for both countries to live together and share in global prosperity, acknowledging significant disagreements that need to be addressed. She pressed China on issues such as unfair economic practices and coercive actions against American firms. Yellen discussed areas of cooperation, including climate action and ending Russia's war against Ukraine. However, tensions remain high, especially in the tech war, as China recently retaliated against US restrictions on semiconductor sales.

The visit aimed to lay the groundwork for better communication but did not resolve the challenges overnight. While both sides continue discussions, contentious issues like access to advanced technology may further strain the relationship.

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