United States and China agree to discussions on “balanced economic growth”. Janet Yellen's visit, her second to China in a year, comes as Washington and Beijing disagree on a number of subjects, such as access to cutting-edge technologies, the future of Taiwan or the video application TikTok.
The US Treasury Secretary also warned on Saturday Chinese companies that would provide aid to Russia and its defense industry in the war in Ukraine. The American Secretary of the Treasury affirmed that the subsidies paid by Beijing to the industry represented “a risk for global economic resilience”