Free Trial

Yellen To Visit China This Week Following Xi-Biden Call

CHINA PRESS
MNI (Singapore)

U.S. Treasury Secretary Janet Yellen will visit China from April 4-9, the Ministry of Finance said on its website Wednesday following a phone call between the two heads of state on Tuesday. Xinhua News Agency described the call as a “candid and in-depth exchange”, while Chinese President Xi Jinping said the bilateral relations are stabilising but negative factors had also increased, which required the attention of both parties. The U.S. is not “de-risking” but creating risks by making an ever longer list of sanctions against Chinese companies, and China will take action if Washington insists on suppressing China's high-tech development, Xinhua cited Xi as saying.

105 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

U.S. Treasury Secretary Janet Yellen will visit China from April 4-9, the Ministry of Finance said on its website Wednesday following a phone call between the two heads of state on Tuesday. Xinhua News Agency described the call as a “candid and in-depth exchange”, while Chinese President Xi Jinping said the bilateral relations are stabilising but negative factors had also increased, which required the attention of both parties. The U.S. is not “de-risking” but creating risks by making an ever longer list of sanctions against Chinese companies, and China will take action if Washington insists on suppressing China's high-tech development, Xinhua cited Xi as saying.