China Has Too Much at Stake in Industry Push to Listen to Yellen

📆 4/8/2024 3:29 PM
📰 BNNBloomberg

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Janet Yellen got a respectful hearing in China in recent days for her main message — that Beijing’s manufacturing drive is a threat to other economies. But the warmth of her reception likely won’t translate into the policy shifts she wants.

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U.S. will push China to change policy that threatens American jobs, Yellen saysThe U.S. Treasury Secretary also said the two sides had ‘difficult conversations’ about national security, including American concerns that Chinese companies are supporting Russia in its war in Ukraine
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