U.S. Treasury Secretary Janet Yellen visits China as part of efforts to soothe strained relations

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U.S. Treasury Secretary Janet Yellen visits China as part of efforts to soothe strained relations
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Treasury Secretary Janet Yellen visits China as part of efforts to soothe strained relations

said earlier the two governments “can and need to find a way to live together” in spite of their strained relations over geopolitics and economic development.the secretary wanted to focus on stabilizing the global economy and challenging Chinese support of Russia during its invasion of Ukraine.

The latest flareup came after President Joe Biden referred to Xi as dictator. The Chinese government protested, but Biden said his blunt statements are “just not something I’m going to change very much.” Ties became especially testy after a Chinese surveillance balloon flew over the United States in February and was shot down.

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