Janet Yellen to Visit China , to Try to Ease Tensions.
The U.S. Treasury secretary will go to Beijing on July 6, 'Financial Times' reports.
She will spend four days conversing with top Chinese officials, though she will not meet with President Xi Jinping.
Through this trip, we seek to deepen and increase the frequency of communication between our countries moving forward and to stabilize the relationship to avoid miscommunication and expand collaboration where we can, Senior administration official, via statement.
Yellen's visit follows Secretary of State Antony Blinken's visit to China that took place just weeks ago.
Yellen's visit follows Secretary of State Antony Blinken's visit to China that took place just weeks ago.
Former White House official Evan Medeiros said Yellen's trip is "simply the next step in an uncertain process.".
It’s good to do but hard to see how it moves the ball in the complex game of great power competition.
, Evan Medeiros, former White House official, via statement.
Given the militarized nature of the competition and the competing world views, it is hard to see how the visit moves the ball forward more than a few meters, Evan Medeiros, former White House official, via statement.
The two countries are currently feuding over issues such as Beijing's military presence around Taiwan as well as laws targeting espionage and sanctions, which interfere with U.S. business operations.
China has also accused the U.S. of making it more difficult for the country to secure advanced chips due to sweeping export controls.
