Yellen says US, China want to ‘stabilize’ relationship

News Snapshot:

WASHINGTON, July 10 (Reuters) - U.S. Treasury Secretary Janet Yellen said she believes the United States and China want to stabilize their economic ties with "candor" and "respect." Yellen told NPR's Marketplace in an interview taped shortly before her departure from Beijing on Sunday that she believed her trip, during which both sides discussed "significant disagreements," had succeeded in putting a floor under the relationship. "There are challenges, but I believe there is a desire on both sides to stabilize the relationship and to constructively address problems that each of us see in our relationship, to do so frankly, with...