Janet Yellen blasts ‘coercive’ China moves on US firms
Friday, 5 April 2024
In her prepared remarks delivered in Guangzhou, Treasury Secretary Yellen criticized China for engaging in "unfair economic practices," such as implementing barriers for foreign firms and coercive actions against American companies. Yellen announced her plans to address these concerns in upcoming meetings. While recent interactions between Presidents Joe Biden and Xi Jinping have hinted at a potential thaw in the strained relations between the US and China.
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