The United States is seeking a healthy competition with China based on fair rules that benefit both countries, not a 'winner-take-all' approach, U.S. Treasury Secretary Janet Yellen told Chinese Premier Li Qiang in a meeting in Beijing on Friday.
BEIJING, July 7 - The United States is seeking a healthy competition with China based on fair rules that benefit both countries, not a "winner-take-all" approach, U.S. Treasury Secretary Janet Yellen told Chinese Premier Li Qiang in a meeting in Beijing on Friday.
She said Washington would "in certain circumstances, need to pursue targeted actions to protect its national security," but disagreements over such moves should not jeopardize the broader relationship. "We may disagree in these instances. However, we should not allow any disagreement to lead to misunderstandings that unnecessarily worsen our bilateral economic and financial relationship," she said.
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