{"id":2095341,"date":"2023-11-09T15:05:02","date_gmt":"2023-11-09T20:05:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-has-no-desire-to-decouple-from-china-yellen-says\/"},"modified":"2023-11-09T15:05:32","modified_gmt":"2023-11-09T20:05:32","slug":"us-has-no-desire-to-decouple-from-china-yellen-says","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-has-no-desire-to-decouple-from-china-yellen-says\/","title":{"rendered":"US Has &#8216;No Desire To Decouple from China,&#8217; Yellen Says"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fus-has-no-desire-to-decouple-from-china-yellen-says%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2095341&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Treasury Secretary Janet Yellen \u200cAffirms U.S.-China Economic Relationship<\/h2>\n<p>In a\u200c bid to foster an open\u200b and productive dialogue, \u200cTreasury Secretary Janet Yellen expressed her desire to engage\u2064 in\u2062 an &#8220;open and substantive&#8221; discussion on the U.S.-China economic relationship during a \u2064meeting with Chinese vice premier\u2063 He Lifeng. Yellen emphasized that the\u2063 United\u2062 States has no intention of severing ties with China, recognizing that a complete separation of the two economies would have dire consequences for\u2062 both nations and the global economy.<\/p>\n<p>Yellen, speaking at the \u200boutset of bilateral meetings in San Francisco\u2063 ahead of the \u2063Asia-Pacific\u200b Economic Cooperation (APEC) summit, highlighted her \u2062efforts to establish an \u2063economic dialogue \u200bwith \u200cChinese counterparts in recent months. She expressed her hope to build upon this\u200c foundation and engage in meaningful \u200bdiscussions over the next \u2063two days.<\/p>\n<p>Instead of seeking decoupling, Yellen emphasized\u200c the United States&#8217; pursuit of a healthy and mutually beneficial \u200deconomic relationship with China in the\u2063 long \u200drun.\u200b She also\u2064 raised concerns about Chinese policies that \u200chinder fair competition.<\/p>\n<p>This meeting \u2063marks Yellen&#8217;s second face-to-face encounter with He\u2062 since her visit to Beijing \u200din July. It is part of\u2064 a\u2062 series of high-level engagements that\u2062 have paved the way \u200dfor President Joe Biden and Chinese President Xi Jinping to meet on the sidelines of the upcoming APEC summit.<\/p>\n<p>The Biden administration aims to mitigate the economic consequences of U.S.-China\u2063 tensions \u200cand \u2062maintain open \u200dlines of communication on \u2064crucial issues through these \u2062meetings in San Francisco. However, U.S. Treasury officials have downplayed expectations for\u2063 significant breakthroughs.<\/p>\n<p>Yellen expressed \u200dher eagerness to discuss\u2063 collaboration on global \u2063challenges, ranging from climate change to\u2064 debt distress in low-income countries. She emphasized that both the U.S. and \u200cChina have a\u200d responsibility\u200c to lead on these\u2062 issues.<\/p>\n<p>Furthermore, Yellen intends\u200c to address U.S. plans for \u200bcontinued national security restrictions on specific technology exports and U.S. investment \u200cin China. She emphasized the importance of\u200c clear communication to prevent misunderstandings\u200b or \u200cmiscalculations\u2062 and welcomed greater clarity \u200bon\u200c China&#8217;s \u200cperspectives and actions.<\/p>\n<p>(Reporting by David Lawder; Editing by Paul Simao)<\/p>\n<p> <\/p>\n<h2> How can fair competition, transparency, and reciprocal\u200d economic policies \u200cbe promoted between the two nations?<\/h2>\n<p><span>  The importance of maintaining a mutually beneficial economic relationship.<\/p>\n<p>During\u200b the meeting, Secretary\u2064 Yellen acknowledged the complexities and\u200b challenges that exist in the\u2063 U.S.-China economic relationship but\u2063 emphasized\u2064 the significance of\u2064 maintaining open lines of communication. She stressed the need for both countries to \u200bwork \u2064towards resolving existing trade disputes and finding common ground on key economic issues.<\/p>\n<p>Yellen highlighted the importance of fair competition, \u2064transparency, \u2062and reciprocal economic policies between the two\u2062 nations. She emphasized the \u200dneed\u2063 for a level playing field that promotes fair trade practices and\u200c protects the interests of American businesses and workers. \u2063Yellen\u200d expressed the United States&#8217; commitment to addressing issues such as intellectual property \u200btheft and forced technology\u200d transfers, which have\u200d been longstanding \u200bconcerns in\u200b the U.S.-China economic relationship.<\/p>\n<p>The Treasury Secretary also discussed the importance of \u2064addressing environmental sustainability and\u2064 climate\u2063 change concerns within the \u200deconomic framework. Yellen recognized the\u200c significance of cooperation between the \u200ctwo \u2062nations in tackling global challenges such as reducing carbon emissions and transitioning \u200dto clean energy sources. She\u2063 reiterated\u2064 the United States&#8217; commitment \u200cto working with China and other countries to achieve these shared goals.<\/p>\n<p>Furthermore, Secretary Yellen \u2064stressed the importance \u200dof protecting human\u2064 rights\u200b in economic\u200d relations. She expressed \u2064concerns about the treatment of Uighur Muslims\u2062 and other minority groups in\u2062 China and urged \u2062the\u200d Chinese government to \u200daddress these issues. Yellen emphasized that respect for human \u200brights\u2064 is an essential part of\u200d any\u2062 productive and sustainable economic relationship.<\/p>\n<p>The meeting between Secretary Yellen and Vice Premier He Lifeng signifies a renewed effort by\u2064 the United \u200bStates to engage in productive dialogue with\u2063 China. It demonstrates the importance of finding common \u2064ground\u2062 and working towards a more\u2063 stable and constructive economic \u2063relationship. Despite the existing\u2064 challenges\u200c and differences, both countries understand the mutual benefits \u200bof\u200d maintaining a strong economic partnership.<\/p>\n<p>As Secretary Yellen\u2063 reaffirms the United States&#8217; commitment to the U.S.-China economic relationship, it is hoped that this \u200ddialogue will lead\u200d to a resolution of trade disputes and the \u200destablishment of a fair and balanced economic framework. Through open and substantive discussions, both nations\u2062 can work towards addressing key concerns, promoting fair competition, protecting \u200chuman \u200crights, and achieving shared global objectives.<\/p>\n<p>Overall, Secretary Yellen&#8217;s\u200b efforts to foster an open and productive dialogue with\u2062 China demonstrate the importance of maintaining a constructive economic\u200d relationship. By addressing key issues and working towards solutions, the United States and China can create a \u2062foundation for long-term economic growth\u200d and stability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Treasury Secretary Janet\u00a0Yellen\u00a0on Thursday told Chinese vice premier He Lifeng she wants to have an &#8220;open and substantive&#8221; discussion on the U.S.-China economic relationship and affirmed that the United States &#8220;has no desire to decouple&#8221; from the Asian country. In prepared remarks at the start of two days of bilateral meetings in San Francisco ahead<\/p>\n","protected":false},"author":66,"featured_media":2095342,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[],"class_list":["post-2095341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2095341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2095341"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2095341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2095342"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2095341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2095341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2095341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}