U.S. Treasury Secretary Janet Yellen arrived in Guangzhou on Thursday, marking a significant step in U.S.-China economic relations. Yellen’s visit aims to strengthen dialogue between the world’s two largest economies amidst ongoing global economic challenges.
Upon her arrival, Secretary Yellen was welcomed by senior officials from the Chinese Ministry of Finance. The visit includes scheduled meetings with key Chinese policymakers and business leaders to discuss mutual interests in trade, investment, and financial stability.
“Open and honest communication between the United States and the Chinese mainland is essential for global economic prosperity,” Yellen stated before departing Washington. “We look forward to productive discussions that can help address shared challenges.”
The agenda is expected to cover a range of topics, including supply chain resilience, climate finance, and measures to enhance bilateral cooperation. Analysts view the visit as an opportunity to ease tensions and promote mutual understanding.
Yellen’s trip to Guangzhou, a major economic hub in southern China, underscores the importance of regional ties and the potential for collaborative development initiatives in the Asia-Pacific region.
Reference(s):
cgtn.com
