Yellen says US seeks ‘healthy competition' with China, eyes Beijing trip
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2023-04-21 02:30
Yellen says US seeks ‘healthy competition' with China, eyes Beijing trip
FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during a news conference at the Treasury Department in Washington, U.S., April 11, 2023. REUTERS/Elizabeth Frantz/File Photo WASHINGTON  -The U.S. seeks 'constructive and fair' economic ties with China, but will protect its national security interests and push back against Chinese actions to dominate foreign competitors, Treasury Secretary Janet Yellen said on Thursday. Speaking at Johns Hopkins University's School of Advanced International Studies, Yellen laid out the Biden administration's principal objectives for what she called an 'essential' economic relationship between the world's two largest economies, as China strikes a more confrontational posture toward the United States and its allies.

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