U.S. Treasury Secretary Janet Yellen said 10 hours of bilateral meetings with senior Chinese officials in recent days were 'direct' and 'productive' and helped stabilise the often rocky relationship as her four-day Beijing trip drew to a close .
U.S. Treasury Secretary Janet Yellen speaks during a press conference at the U.S. embassy in Beijing, China, July 9, 2023. REUTERS/Thomas Peter
Yellen, who departs Beijing on Sunday, told a press conference the United States and China have significant disagreements and they must be communicated "clearly and directly." "But President Biden and I do not see the relationship between the U.S. and China through the frame of great power conflict. We believe that the world is big enough for both of our countries to thrive."
She reiterated that Washington was not seeking to decouple from China's economy, adding doing so would be "disastrous for both countries and destabilising for the world."
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