Yellen eyes defusing China tensions, but lifting tariffs ‘premature’


Source: afr.com afr.com

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China’s growth Dr Yellen was speaking ahead of a gathering this week of finance ministers and central bank governors from G20 countries. The Group of Seven will also hold a session in Gandhinagar, with bilateral meetings expected in addition. Asked about evidence of a slowdown in China’s economic rebound, Dr Yellen noted that it was a topic that also came up during her Beijing visit. “China is a very substantial importer from many countries around the world, so when Chinese growth slows, it has a impact on many countries — and we are seeing that,” she said. She said she...