US Treasury Chief Touts Outcome Of China Talks


US Treasury Secretary Janet Yellen wrapped up her four-day visit to Beijing by claiming progress in repairing relations between the world’s two largest economies, but she stopped short of making any promises about easing restrictions on technology exports to China.

“No one visit will solve our challenges overnight,” Yellen told reporters on Sunday in Beijing. “But this trip will help build a resilient and productive channel of communication with China’s new economic team.”

Yellen’s meetings with Premier Li Qiang and other Chinese leaders followed a series of setbacks in Sino-US relations, including Washington’s alleged meddling with Taiwan and a February incident in which a supposed Chinese spy balloon was shot down after breaching US airspace.

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