Treasury Secretary Janet Yellen recently visited Beijing to discuss setting relations between the U.S. and China on a "surer footing". Yellen noted that the two countries have significant disagreements, but the Biden administration does not see the relationship as a zero-sum game. She said that the two countries must communicate their disagreements clearly and work together to address shared global challenges, while considering curbs on U.S. investment in China. Yellen urged the two countries to find common ground and build trust through dialogue and cooperation.
