Economics

Yellen Talks Tough on China, Warning of Fallout Over Russia Ties

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Yellen Warns China of Fallout Over Ties With Russia
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Treasury Secretary Janet Yellen on Wednesday delivered a pointed warning to China on its alignment with Russia, suggesting potential economic consequences from the international community depending on how it approaches President Vladimir Putin’s invasion of Ukraine.

“China has recently affirmed a special relationship with Russia,” Yellen said in a speech Wednesday to the Atlantic Council. “I fervently hope that China will make something positive of this relationship and help to end this war.”