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Yellen Still Hopes to Visit China, Says Communication Important

  • Treasury announced last month Yellen would travel to China
  • Yellen says State and Defense Departments ultimately to decide
Bloomberg business news
Biden Denies US-China Ties Strained After Balloon Spat

Treasury Secretary Janet Yellen said she still aims to visit China, though has no specific plans after the recent diplomatic spat over an alleged Chinese spy balloon over US airspace.

“I do think improved communication is important,” Yellen told reporters Wednesday when asked about plans to visit China. “I still hope to be able to visit China and meet with economic counterparts, but I don’t have any more details to offer.”