Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Lebanese Health Ministry: One martyr in Israeli strike on motorcycle in Nabatieh al-Fawqa, South Lebanon.
Al Mayadeen's correspondent: Israeli drone targets motorcycle in Nabatieh al-Fawqa, South Lebanon.
US President Donald Trump: I don't want to say Israeli strike is imminent
US President Donald Trump: Israeli strike [on Iran] could very well happen
US Ambassador to Tel Aviv Mike Huckabee: Israeli attack on Iran without US greenlight is unrealistic scenario.
Iranian media: Documents indicate that Merav Zafary-Odiz was tasked with stoking confusion about Iran's peaceful nuclear program
Iranian media: The documents indicate that Merav Odiz was tasked with diverting world opinion away from "Israel's" non-peaceful nuclear program
Iranian media: Documents reveal direct coordination between the Zionist entity's representative, Merav Zafary-Odiz, and Grossi
Iranian media: One document reveals that Merav Zafary-Odiz, "Israel's" representative at the agency, requested an immediate meeting with Grossi on May 10, 2016
Iranian media: One document reveals coordination between the [Israeli] entity and Grossi to incite tensions against Iran just five months after the nuclear agreement was concluded

US Treasury Secretary says China visit helps stabilize bilateral ties

  • By Al Mayadeen English
  • Source: Agencies
  • 9 Jul 2023 09:54
  • 1 Shares
3 Min Read

US Treasury Secretary Yellen says both China and the US are responsible to contribute to global prosperity.

  • x
  • Treasury Secretary Janet Yellen testifies before the House Financial Services Committee during a hearing regarding the state of the international financial system at the Capitol in Washington, Tuesday, June 13, 2023. (AP)
    Treasury Secretary Janet Yellen testifies before the House Financial Services Committee during a hearing regarding the state of the international financial system at the Capitol in Washington, Tuesday, June 13, 2023 (AP)

During her four-day trip to China, US Treasury Secretary Janet Yellen stated that her discussions with top Chinese officials have contributed to putting ties put ties on "surer footing" between the two largest economies, AFP reported. 

At the US embassy in Beijing on Sunday, Yellen addressed journalists, expressing the belief that both countries can thrive in the world. She emphasized the responsibility of both nations to responsibly manage their relationship, coexist, and contribute to global prosperity.

"We believe that the world is big enough for both of our countries to thrive," she told journalists at the US embassy. 

Although the trip did not yield specific breakthroughs, it aligns with President Joe Biden's administration's efforts to stabilize relations with China. 

"Both nations have an obligation to responsibly manage this relationship: to find a way to live together and share in global prosperity," she added.

Yellen's meeting with Vice Premier He Lifeng was described by Xinhua the official Chinese agency to "strengthen communication and cooperation on addressing global challenges".

On Sunday, Yellen acknowledged the existence of "significant disagreements" between the countries but characterized her discussions as "direct, substantive, and productive."

Related News

Trump signals Israeli strike on Iran 'could very well happen'

Foreign energy firms continue operations normally in Iraq

"My bilateral meetings –- which totalled about 10 hours over two days –- served as a step forward in our effort to put the US-China relationship on surer footing," she said.

"I feel confident that we will have more frequent and regular communication."

Read more: Treasury Secretary to visit China to mitigate Sino-American tensions

Concluding the four-day trip to China, US Treasury Secretary Janet Yellen stated, on Friday, that the decoupling of the US and Chinese economies would be "virtually impossible" as it would result in the destabilization of the global markets.

The Treasury Secretary underscored, during a session with representatives of US businesses hosted by the American Chamber of Commerce in Beijing, that the US has not sought a "wholesale separation of our economies," and explained that "we [US] seek to diversify, not to decouple."

Yellen then added, that "a decoupling of the world's two largest economies would be destabilizing for the global economy," adding that "it would be virtually impossible to undertake."

Significantly, the Treasury Secretary also stressed, during the same session, that Washington was "concerned" about the curbs and that the US was still evaluating the impact of these actions, but they remind us of the importance of building resilient and diversified supply chains."

Read more: US tech war on Beijing heats up, Yellen fears impact on global economy

  • US
  • US Treasury
  • China

Most Read

The logo of the Iranian Ministry of Intelligence (wikidata)

Iran acquired thousands of sensitive Israeli documents: Exclusive

  • Politics
  • 7 Jun 2025
Iranian demonstrators walk on a caricature of the Israeli Prime Minister Benjamin Netanyahu during the annual Quds Day rally in support of Palestinians, in Tehran, Iran, Friday, March 28, 2025 (AP)

Iran hits 'Israel' hard without arms; intel breach lays Tel Aviv bare

  • Politics
  • 7 Jun 2025
Iranian Intelligence Minister Esmaeil Khatib in an undated photo (Nournews)

Iranian security minister reveals major intelligence haul on 'Israel'

  • Politics
  • 8 Jun 2025
IAEA leaked to 'Israel' confidential communications with Iran: Fars

IAEA leaked to 'Israel' confidential communications with Iran: Fars

  • MENA
  • 10 Jun 2025

Coverage

All
War on Gaza

Read Next

All
U.S. National Guard are deployed around downtown Los Angeles, Sunday, June 8, 2025, following a immigration raid protest the night before. (AP Photo/Eric Thayer)
US & Canada

ICE raids in LA trap families in harsh conditions: Lawyers

Colombia's President Gustavo Petro speaks at a rally to garner support for a referendum on labor reform, in Cali, Colombia, on June 11, 2025. (AP Photo/Santiago Saldarriaga)
Politics

Petro slams US-linked coup plot, signs decree for popular consultation

President Donald Trump speaks as he signs executive orders in the Oval Office of the White House on April 17, 2025. (AP)
US & Canada

World sees Trump as ‘arrogant’, ‘dangerous’ as ratings sink: Poll

he Department of Defense logo is seen on the wall in the Press Briefing room at the Pentagon on, Oct. 29, 2024 in Washington. (AP Photo/Kevin Wolf, File)
Politics

Future of $240bln AUKUS deal in doubt as Pentagon launches review

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS