Janet Yellen emphasizes importance of constructive US-China relationship.

1 min read
Source: Financial Times
TL;DR Summary

US Treasury Secretary Janet Yellen has warned that a decoupling of the US and Chinese economies would be "disastrous" for the global economy. Speaking at a New York Times conference, Yellen said that while the US needed to address "abusive" Chinese practices, it was important to maintain a "productive" relationship with China. She also called for greater international cooperation on issues such as climate change and the pandemic.

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