TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Yellen hopes to travel to China to 'reestablish contact'
The are heightened tensions and pessimism in the US-China relationship over national security issues, including Taiwan, Russia's war in Ukraine, growing US export bans on advanced technologies and China's state-led industrial policies.
Change Size
US Treasury Secretary Janet Yellen (second right) speaks during a meeting with Japan's Finance Minister Shunichi Suzuki at the G7 Finance Ministers and Central Bank Governors' Meeting at Toki Messe in Niigata on May 13, 2023. (AFP/Kazuhiro Nogi)
U
S Treasury Secretary Janet Yellen said she hopes to travel to China to reestablish contact with Beijing, acknowledging there were disagreements between the two countries, MSNBC on Wednesday reported her saying during an interview.
The are heightened tensions and pessimism in the US-China relationship over national security issues, including Taiwan, Russia's war in Ukraine, growing US export bans on advanced technologies and China's state-led industrial policies.
"My hope in traveling to China is to reestablish contact. There are a new group of leaders, we need to get to know one another," Yellen was quoted as saying by MSNBC.
"And we need to discuss our disagreements with one another so that we don't have misunderstandings, don't misunderstand one another's intentions."
The US is, and will, take actions to protect its national security interests even if it "imposes some economic costs on us," she told MSNBC.
Yellen did not detail a specific timing for any visit to China. She plans to be there in early July for the first high-level economic talks with her new Chinese counterpart, Bloomberg reported earlier this week.
