Janet Yellen arrives in Beijing on a mission to find common ground for the US and China
US Treasury Secretary Janet Yellen landed in Beijing July 7 on a four-day trip aimed at finding common ground for a mutually beneficial economic relationship between the world’s two largest economies.
Kevin Dietsch | Getty Images News | Getty Images
Treasury Secretary Janet Yellen landed in Beijing Thursday on a four-day trip aimed at finding common ground as rivalry between the US and China becomes increasingly adversarial.
Yellen’s trip marks a deepening thaw in ties between the US and China and comes weeks after Secretary of State Antony Blinken’s visit to Beijing in last month, which was the first high-level meeting between the two countries after months of tensions.
“The two sides are basically talking, trying to find the strategic space for both sides to operate, and this will be very good for the rest of the world,” Andrew Sheng, a distinguished fellow at the University of Hong Kong’s Asia Global Institute, told CNBC Thursday.

Yellen’s trip comes just days after China abruptly imposed export curbs on chipmaking metals and its compounds, escalating Beijing’s technological war with the US and Europe.
Before leaving for China, Yellen had a “frank and productive discussion” with Xie Feng, the Chinese US ambassador, according


