• US Treasury Sec. Yellen: Relationship with China is not ‘totally negative’

Market news

18 July 2022

US Treasury Sec. Yellen: Relationship with China is not ‘totally negative’

“China is listening to US concerns in other areas,” US Treasury Secretary Janet Yellen said in a Reuters interview on Monday, adding that the US relationship with China is not “totally negative.”

Additional quotes

US wants to eliminate ‘undue dependence’ on China for rare earths, certain goods.

China has used coercion to pressure other countries in the past.

China has made some constructive moves on restructuring debt of low-income countries.

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