New US-China talks will address a top American complaint about Beijing's economic model, Yellen says
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April 5, 2024
GUANGZHOU, China (AP) — U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing's economic model and trade practices put American companies and workers at an unfair competitive disadvantage.
"I think the Chinese realize how concerned we are about the implications of their industrial strategy for the United States, for the potential to flood our markets with exports that make it difficult for American firms to compete," Yellen told reporters after the announcement during her trip to China.
"It's not going to...
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