Yellen sees progress in U.S.-China ties, alarmed by coercive actions


U.S. Treasury Secretary Janet Yellen said Sunday she thinks Washington and Beijing have “made some progress” in improving ties through her visit to China but expressed unease with Chinese authorities’ recent coercion of American firms.

In a press conference to wrap up her four-day visit to Beijing, Yellen said the world’s two largest economies have “significant disagreements” over issues such as export control measures to safeguard national security, but both sides agreed to maintain communication.

“I also expressed my worries about a recent uptick in coercive actions against American firms,” ...

Kyodo News

Kyodo News