US Treasury Secretary Janet Yellen said they seek healthy economic competition with China to collaborate on global challenges that benefit American workers and companies.
Yellen, who started her four-day visit to China where many issues such as bilateral relations and climate change were on the table, shared about her visit on Twitter.
Expressing her pleasure in being in Beijing to meet with Chinese officials and business leaders, Yellen said, “We seek healthy economic competition with American workers that benefits companies and collaborates on global challenges.” used the phrases.
Yellen, emphasizing that they will take action to protect the national security of the United States when necessary, “This trip provides an opportunity to communicate and avoid miscommunication or misunderstanding.” made its assessment.
Pointing out that US President Joe Biden has commissioned his administration to deepen the communication between the two countries on a number of issues, Yellen stated that he wanted to do this during his visit.
Yellen is expected to discuss various bilateral issues with senior Chinese officials during her four-day visit. It is stated that Yellen will also raise global issues such as climate change and debt problems in her contacts.
Relations between the US and China have been strained in recent years due to issues such as Taiwan, chip trade, allegations of Chinese spy balloons flying over US soil.
Yellen’s visit comes just after US Secretary of State Antony Blinken’s visit to Beijing last month.