US Treasury secretary lands in Beijing in visit aimed at calming tensions

9 months ago 28

Janet Yellen expected to emphasise need for cooperation between two superpowers to tackle global threats

The US Treasury secretary, Janet Yellen, has arrived in Beijing on a four-day trip that aims to tame spiralling tensions between the world’s two largest economies, particularly over trade and the hi-tech chip industry.

It is the second visit by a US cabinet official this year and is expected to highlight both the interdependence and the mistrust that characterises the relationship between the two superpowers.

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