Janet Yellen Talks China, Real Estate, Crypto, and Bank Consolidation

Treasury Secretary Janet Yellen met with business leaders from the US-China Business Council and emphasized the importance of working with China on urgent global challenges while also addressing concerns about barriers to accessing China's market and Beijing's use of non-market tools. Yellen's meeting comes amid high tensions between the US and China, but she stressed the importance of seeking cooperation on the climate crisis and other global challenges while trying to get China to play by the rules of international trade and addressing national security and human rights issues.