At the briefing, Yellen said there was significant progress made on international debt relief efforts
On her fourth visit to India in 10 months, Secretary Yellen will focus on strengthening the global economy and supporting low and middle-income countries by advancing the MDB
The dish was made from Lanmosa asiatica mushrooms, considered poisonous as they can be hallucinogenic
"That said, I feel very good about US prospects overall. Let's call that a risk," she said, referring to China
The US considers building strong economic and security ties with Vietnam a priority, US Treasury Secretary Janet Yellen said Thursday as she met with Vietnamese officials in a visit aimed at fortifying America's relations across Asia. Yellen arrived in Vietnam after visits to Beijing and to India, where she attended financial meetings of the Group of 20 major industrial economies. The United States considers Vietnam a key partner in advancing a free and open Indo-Pacific, Yellen told Vietnamese Prime Minister Pham Minh Chinh, according to remarks provided by the US Treasury Department. A free and open Indo-Pacific refers to the latest iteration of broad US diplomacy aimed at cultivating stronger ties with other countries in the region to in effect counter China's growing sway among its neighbours. Vietnam is also a close economic partner, with our two-way trade reaching record highs last year and the United States serving as Vietnam's largest export market, she said. It is a prior
The improvement in US inflation trends has contrasted with suggestions of outright deflationary risks in China
Yellen backs reforms to multilateral development banks
India and the US on Monday committed to further improving bilateral ties, exploring alternate mechanisms for funding renewable energy and actively pursuing the G20 agenda which includes strengthening MDBs and taking coordinated action to deal with climate change. Several issues, including climate action, rising indebtedness in low and middle income countries and digital public infrastructure, figured during a bilateral meeting between Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen held on the sidelines of the G20 meeting of Finance Ministers and Central Bank Governors. India, Sitharaman said, will "look forward to furthering ... bilateral interests through development cooperation and new investment opportunities through Alternate Investment platforms for renewable energy." Yellen too in her statement said the US will "look forward to working with India on an investment platform to deliver a lower cost of capital and increased private investment to speed .
India and the US on Monday committed to strengthening bilateral ties and actively pursue the G20 agenda, which includes taking coordinated action to deal with climate change and look forward to alternate mechanisms to fund energy transition. Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen held bilateral meetings on the sidelines of the G20 finance ministers and central bank governors meeting here. Sitharaman, in her statement, expressed commitment to strengthening bilateral ties and looked forward to new investment opportunities through alternate investment platforms for renewable energy. The US and India's collaboration spans across a range of economic issues, including commercial and technological collaboration, strengthening supply chains, and catalysing the clean energy transition, Yellen said. "In particular, we look forward to working with India on an investment platform to deliver a lower cost of capital and increased private investment to speed ..
Banga said he will be visiting Delhi and will tell PM Modi during their meeting that he thinks this control and command centre is a great idea that can be put in other places in India and abroad
Yellen was speaking in the context of the tariffs imposed on Chinese imports during President Donald Trump's era
After Yellen held landmark talks in Beijing July 6-9, she's now in Gandhinagar, India, for a gathering of finance ministers and central bank governors from Group of 20 countries
The looming restrictions were discussed during US Treasury Secretary Janet L Yellen's meetings with senior Chinese officials during her recent visit to China, according to the report
China on Monday called on the US to take "practical action" in response to its "major concerns" about sanctions on Chinese firms, after Yellen wrapped up meetings with senior officials in Beijing
In 10 hours of meetings Friday and Saturday, Yellen said she sought to convince China's newly installed economic team that the US isn't bent on seeking economic advantage against the country
She indulged in ten hours of meetings over two days and left for Washington on Sunday. However, it is unlikely that the economic tension between the two countries will actually ease, the report noted
Treasury Secretary Janet Yellen on Sunday said she agreed Washington will listen to Chinese complaints about security-related curbs on US technology exports and might respond to unintended consequences as she ended a visit to Beijing aimed at reviving strained relations. Yellen defended targeted measures" on trade that China's leaders complain are aimed at hurting its fledgling tech industries. She said the Biden administration wants to avoid unnecessary repercussions" but gave no indication of possible changes. Relations between the two biggest economies are at their lowest level in decades due to disputes about technology, security and other irritants. A key Chinese complaint is limits on access to processor chips and other US technology on security grounds that threaten to hamper the ruling Communist Party's development of smartphones, artificial intelligence and other industries. We will open up channels so that they can express concerns about our actions, and we can explain a
Yellen's comments were delivered at a press conference capping a four-day visit to Beijing that she'd described as a mission to revive engagement between the two largest economies
Treasury Secretary Janet Yellen criticised Chinese treatment of US companies and new export controls on metals used in semiconductors during a visit on Friday to Beijing to try to revive strained relations. Talking with a group of businesspeople, Yellen defended US controls on technology exports that irk Beijing, saying they are necessary for national security. She rejected suggestions Washington is trying to decouple, or separate the US economy from China's. "The US seeks healthy economic competition with China," Yellen said, according to a transcript released by her department. I am communicating the concerns that I've heard from the US business community including China's use of non-market tools like expanded subsidies for its state-owned enterprises and domestic firms, and barriers to market access for foreign firms, Yellen said. US-Chinese relations are at their lowest level in decades due to disputes over technology, security, Beijing's military expansion and other ...
Treasury Secretary Janet Yellen is visiting Beijing as part of efforts to revive US-Chinese relations that are at their lowest level in decades due to disputes over technology, security and other irritants. Presidents Joe Biden and Xi Jinping met in November and agreed to improve relations between the world's biggest economies and major trading partners. But neither government has shown willingness to make major policy changes. We hope the United States takes concrete actions to create a favourable environment for the healthy development of economic and trade relations, the Chinese finance ministry said in a statement on Friday. It expressed hope for the realisation of mutual benefit and win-win results but did not suggest possible Chinese concessions. Yellen's visit follows one by Secretary of State Antony Blinken, who met with Xi last month in Beijing in an encounter that lasted just 30 minutes. Here's a look at some areas of contention. POLITICAL RELATIONS US-Chinese relation