Yellen says US-China relationship on 'more stable footing' but more can be done to improve ties
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U.S. Treasury Secretary Janet Yellen met with Chinese Premier Li Qiang and highlighted the improvement in relations since her visit to China last year while recognizing that major differences remain. Yellen emphasized mutual cooperation and the need for further efforts to improve the U.S.-China relationship. The meeting with Li focused on the broader U.S.-China relationship after discussing trade and economic issues in the first two days of Yellen's visit. Yellen's visit to China started in one of China's major industrial and export hubs before she arrived in Beijing. The talks aimed to address American concerns about manufacturing overcapacity in China and create a structure for dialogue between the two nations. Yellen's message of mutual cooperation suggests that the U.S.-China relationship is on a more stable footing, but there is still work to be done to improve ties.
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https://apnews.com/article/treasury-yellen-china-economics-trade-cbeef6b23ffb6c6cf6cb11dab25ed08b