During her visit to China, Treasury Secretary Janet Yellen emphasized the importance of economic cooperation between the United States and China. Yellen met with Premier Li Qiang and stressed the need for open communication channels, especially in the current climate of strained relations. These relations have been affected by disputes over technology, security, and …
Beijing — U.S. Treasury Secretary Janet Yellen, during her visit to Beijing for meetings with Chinese officials and American companies operating in China, expressed that the U.S. embraces healthy economic competition with China as long as it is conducted fairly. Yellen also expressed concern over China’s recent implementation of export controls on two critical minerals …
In a meeting at the Great Hall of the People in Beijing on July 7, 2023, Chinese Premier Li Qiang warmly greeted US Treasury Secretary Janet Yellen with a handshake. Image: Mark Schiefelbein | AFP | Getty Images BEIJING — Treasury Secretary Janet Yellen, in her prepared remarks for a meeting with Chinese Premier Li …
U.S. Treasury Secretary Janet Yellen’s visit to China is pivotal for maintaining ongoing communication between the two countries, according to Eswar Prasad, an economics professor at Cornell University. “What is crucial about Janet Yellen’s visit is that it facilitates discussions at both technical and high-level policy levels,” stated Prasad in an interview with CNBC’s “Squawk …
U.S. Treasury Secretary Janet Yellen expressed her concerns about China’s recently announced export controls. These controls, set to take effect on August 1st, require companies in China to apply for licenses if they want to export two metals used in semiconductor manufacturing. “I am also concerned about new export controls recently announced by China on …
Treasury Secretary Janet Yellen Visits China to Address Tensions Treasury Secretary Janet Yellen has arrived in Beijing for significant meetings with senior Chinese officials. This marks her first visit to China in her current role and comes at a time of increasing tensions between the U.S. and China over national security and technology. After arriving …
U.S. Treasury Secretary Janet Yellen embarked on a diplomatic mission to Beijing on July 7th with the goal of establishing a harmonious economic relationship between the world’s two largest economies. The visit of Secretary Yellen signifies a warming of relations between the United States and China, following Secretary of State Antony Blinken’s visit to Beijing …
China announced on Monday that it will be placing export restrictions on two metals that are crucial for semiconductor manufacturing. Pool Photo by Doug Mills/UPI | License Photo July 4 (UPI) — China’s trade conflict with democratic nations escalates as it imposes export controls on gallium and germanium, crucial metals used in semiconductor manufacturing. In …
Treasury Secretary Janet Yellen will embark on a trip to China this week, where she will engage in meetings with senior government officials and U.S. companies conducting business in China. This visit aligns with President Biden’s call, following his meeting with President Xi Jinping last year, to enhance communication between the world’s two largest economies, …
Presented below are the crucial news updates that investors need to begin their trading day: 1. Markets Anticipate a Strong Second Half Stock markets will commence the second half of the year with a shortened trading day. In preparation for the July 4 holiday, markets will close at 1 p.m. ET and remain closed until …