U.S. Treasury Secretary Janet Yellen said Thursday that it's 'critical' the U.S. and China maintain a relationship so they can 'work together' on global challenges, coming just after President Joe Biden's remarks calling Chinese leader Xi Jinping a...
Speaking at a news conference in Paris, Yellen said that “with respect to the comments, I think President Biden and I both believe it’s critical to maintain communication … to clear up misperceptions, miscalculations. We need to work together where possible.”
Yellen has recently advocated for improving relations between the U.S. and China, arguing cooperation is needed for the sake of maintaining global stability. Foreign Ministry spokesperson Mao Ning condemned Biden’s unusually pointed comments as “extremely absurd and irresponsible.” Chinese Premier Li Qiang was among the dozens of heads of state and government, world finance officials and activists who converged on the French capital Thursday to discuss ways of reforming the global financial system and address debt, climate change and poverty crises, especially for developing nations.
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Yellen says it's critical to maintain U.S.-China ties after Biden's dictator remarksU.S. Treasury Secretary Janet Yellen says it’s “critical” the U.S. and China maintain a relationship so they can “work together” on global challenges. It comes after President Joe Biden’s remarks calling Chinese leader Xi Jinping a “dictator” drew condemnation from Beijing. Speaking at a news conference Thursday, Yellen said that “President Biden and I both believe it’s critical to maintain communication ... to clear up misperceptions, miscalculations.' She added that the countries “need to work together where possible” but “we are also forthright in recognizing we do have disagreements.” Yellen is attending a two-day summit in Paris seeking a better global financial response to climate change and poverty.
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