Yellen Set to Visit China This Week in Bid to ‘Deepen Communication’
U.S. Treasury Secretary Janet Yellen is traveling to China this week for talks with senior Chinese officials, the Treasury Department said on Sunday. Yellen will be the second highest-ranking U.S. official to visit China in weeks as the United States attempts to improve ties with China’s ruling communist party.
Yellen will travel to Beijing from July 6 to July 9 as part of the Biden administration’s efforts to “deepen communication” with the Chinese Communist Party (CCP) on the global macroeconomy and financial developments, the Treasury Department said in a statement.
Yellen is expected to speak on the need for the world’s two largest economies “to responsibly manage our relationship, communicate directly about areas of concern, and work together to address global challenges,” the department added….