US Treasury Secretary Yellen to Visit Beijing Next Week, Aiming to Thaw China Ties

News Snapshot:

Treasury Secretary Janet Yellen will travel to Beijing Thursday as part of an ongoing Biden administration effort to thaw U.S.-China relations, a senior Treasury official said Sunday. Yellen, who has called the notion of an economic decoupling from China “disastrous,” has frequently said in the past year that she would like to visit China. She says the two nations “can and need to find a way to live together” in spite of their strained relations over geopolitics and economic development. Yellen will meet this week with Chinese officials, U.S. companies doing business in China and with Chinese people and will...