The US and Chinese finance ministers are opening talks to lay the groundwork for a Biden-Xi meeting

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Treasury Secretary Janet Yellen and her Chinese counterpart are meeting in San Francisco to open two days of talks aimed at making progress on a slew of economic issues at a time when competition has markedly intensified between the two countries

Treasury Secretary Janet Yellen and her Chinese counterpart will meet in San Francisco on Thursday for two days of talks aimed at making progress on a slew of economic issues at a time when competition has markedly intensified between the two countries.

lawmakers held hearings over data security and harmful content with TikTok CEO Shou Zi Chew, contemplating whether to ban the hugely popular app due to its Chinese connections. And tensions between the countries heightened earlier this year when a Chinese surveillance balloon was spotted traveling over sensitive U.S. airspace. The U.S. military shot down the balloon off the Carolina coast after it traversed sensitive military sites across North America.

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