Yellen Says She’s Had No Contact With Her New China Counterpart

  • Treasury chief expects to visit Beijing, but nothing scheduled
  • Yellen speaks in interview with Bloomberg on G-7 sidelines
Janet Yellen on US Debt Ceiling, Banking System, China
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Treasury Secretary Janet Yellen said she hasn’t yet spoken with her opposite number in China, Vice Premier He Lifeng, as Biden administration officials work to re-engage and ease strains with the world’s second-largest economy.

“I haven’t had contact yet with my new counterpart,” Yellen said Friday in an interview with Bloomberg Television on the sidelines of a Group of Seven meeting of finance officials in Niigata, Japan.