Treasury Secretary Janet Yellen will strike a conciliatory tone when she talks about U.S.-China relations on Thursday, calling for 'cooperation on the urgent global challenges of our day' while supporting economic restrictions on China to advance U.S...
Yellen, in her speech, says U.S. national security “is of paramount importance” in the relationship with the People’s Republic of China. “For example, we have made clear that safeguarding certain technologies from the PRC’s military and security apparatus is of vital national interest,” she says.
Military exercises in Taiwan are also ratcheting up fears that China could invade the island. Earlier this month, China conducted large-scale combat exercises around Taiwan that simulated sealing off the island in response to the Taiwanese president’s trip to the U.S. this month.
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