US media: US Treasury Secretary plans to visit China in July | Yellen | Treasury Secretary
According to Bloomberg News on June 27th, insiders reported that US Treasury Secretary Yellen plans to visit Beijing in early July to hold high-level economic talks with corresponding Chinese officials. As the details of the visit have not been officially announced, the informant requested anonymity.
If Yellen takes the trip, the US Treasury Secretary will be the second US cabinet official to travel to Beijing earlier this year after the deterioration of relations between the world's two major economies. US Secretary of State Antony Blinken has just concluded his visit to China. US and Chinese officials said that the two sides had a frank dialogue on a series of issues.
In addition, according to insiders, an executive order from the Biden administration is nearing completion, which will regulate and potentially cut off certain US investments in China. Officials aim to complete this order as early as late July.
A US official stated on the 26th that it has not been confirmed whether Yellen will go to China, and a timetable cannot be released.
Earlier, Chinese Foreign Ministry spokesman Wang Wenbin said at a regular press conference that China and the United States have maintained communication. The key is that the United States cannot talk about communication on the one hand, but on the other hand it continues to suppress and contain China, and cannot say one thing and do another. We urge the US side to correct its understanding of China, respect China's bottom line and red line, stop harming China's sovereignty, security and development interests, act in the same direction as China, and push Sino US relations back to the right track of healthy and stable development.
Chinese Ministry of Commerce spokesperson Shu Jueting stated on June 15th that China and the United States should adhere to the principles of mutual respect, peaceful coexistence, and win-win cooperation, and strive to promote the healthy and stable development of bilateral economic and trade relations, injecting more stability and positive energy into the world economy.