Yellen emphasizes importance of 'healthy' US-China economic relations

US Treasury Secretary Janet Yellen emphasizes the importance of maintaining "healthy economic relations" between the US and China while urging Beijing to crack down on Chinese firms that supply defense equipment to Russia for its war in Ukraine. Yellen stated that the US does not seek to decouple its economy from China's but will take unilateral action against Chinese firms involved in such activities. The meeting between Yellen and Chinese Vice Premier He Lifeng took place ahead of talks between President Joe Biden and Chinese Premier Xi Jinping, as efforts to improve US-China relations continue.