Categories: World

US Secretary of State Yellen: “The world is big enough for both countries to prosper”: Thaw between China and US

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Reconciliation: US Treasury Secretary Janet Yellen and her Chinese counterpart He Lifeng.

As Janet Yellen, 76, said at a closing press conference in the Chinese capital on Sunday, there were “significant differences of opinion” between the two countries. Nevertheless, both nations have a duty to shape their relations responsibly. “We believe the world is big enough for both countries to thrive,” Yellen said.

In total, she held more than ten hours of bilateral talks with Chinese government officials, including Premier Li Qiang (64), in recent days. According to media reports, her meeting with Finance Minister He Lifeng, 68, lasted more than five hours on Saturday alone, followed by a two-hour dinner.

As might be expected, Yellen’s visit yielded no substantial breakthroughs. However, the rhetoric and symbolism throughout the trip was relatively positive and heartfelt.

concerns about sanctions

In a first broadcast by the state news agency Xinhua, the Chinese side described the talks between Yellen and her counterpart He Lifeng as constructive, intensive and open. At the same time, the Chinese side also expressed its “concern about the sanctions imposed on China by the United States.”

Relations between the two world powers are currently at an all-time low. The relationship is under pressure from US President Joe Biden’s tough stance on China, the ongoing trade war and China’s support for Russian President Vladimir Putin and his war of aggression against Ukraine. China’s territorial claims in the South and East China Sea and Beijing’s threats to the democratic island republic of Taiwan also play a role. (SDA)

Source: Blick

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