Yellen pulls back the curtain on U.S. approach to China

WASHINGTON, DC – MARCH 29: U.S. Secretary of the Treasury Janet Yellen speaks during a hearing before the House Appropriations Committee. Photo by Nathan Howard/Getty Images Treasury Secretary Janet Yellen will clarify the Biden administration’s economic approach to China, offering Beijing fresh guidelines on where the United States is prepared to cooperate — and where it won’t compromise.

Why it matters: Direct diplomacy with China is on ice. Yellen’s speech today is an attempt to achieve President Biden’s goal of improved communications with China, which he announced next to President Xi Jinping at the G20 last year, by other […]

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