US Treasury Secretary to visit China this week

(New York) US Treasury Secretary Janet Yellen will travel to China from Thursday to Sunday to meet with Chinese officials, the department said on Sunday.


During her stay in Beijing, the Secretary of Finance will meet with members of the government on “the importance for [les deux] countries, as the world’s leading economies, to manage [leur] relationship in a responsible manner,” according to the Treasury Department.

Mme Yellen also intends to insist on the need to “communicate directly on issues of concern and work to address global challenges”.

“We do not expect a significant breakthrough [dans les relations entre les deux pays] of this trip,” a Treasury Department official said.

“However, we hope to have constructive discussions and establish longer-term communication channels” with China, added the official.

Diplomatic and economic relations between the two countries have gradually deteriorated since Donald Trump’s tenure.

In November, US Head of State Joe Biden met Chinese President Xi Jinping in person for the first time to try to ease tensions.

In mid-June, Secretary of State Antony Blinken traveled to Beijing and was received by the Chinese head of state, a gesture interpreted as a diplomatic advance.

But during a campaign meeting in California at the end of June, Joe Biden called Xi Jinping a “dictator”, remarks considered a “provocation” by Beijing.

The Biden government last year imposed restrictions on the export of American semiconductors and technology components to China.

Before that, he had kept in place the tariffs imposed by Donald Trump on hundreds of billions of dollars of products exported by China to the United States.

“On this trip, we want to deepen and strengthen the frequency of communication between our countries and stabilize relations, to avoid misunderstandings and expand our collaboration where possible,” said a Treasury Department official.


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