In a significant move aimed at reinforcing economic ties between the world's two largest economies, U.S. Treasury Secretary Janet Yellen has reiterated the U.S. commitment to maintaining a robust economic relationship with China.
Speaking at a press conference in Beijing on Monday, Yellen explicitly stated that the U.S. does not seek to decouple from China. This visit marks her second trip to China in less than a year.
Following Yellen's remarks, China's Ministry of Finance welcomed the U.S. position against decoupling and called for an end to sanctions and restrictions targeting Chinese firms. This mutual stance highlights both nations' shared interest in keeping economic channels open.
Both countries reaffirmed their November commitments to strengthen communication, prevent decoupling, and address mutual challenges.
Reference(s):
Yellen affirms U.S.-China economic bonds, rejects decoupling
cgtn.com