Yellen Plans July China Trip While US Preps Investment Curbs
- Trip would mark first meeting with new Chinese counterpart
- Biden team aims for outbound investment order as soon as July
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US Treasury Secretary Janet Yellen plans to visit Beijing in early July for the first high-level economic talks with her new Chinese counterpart, people familiar with the scheduling said.
Her trip was long anticipated but was put off until “the appropriate time,” Yellen said in April. The people discussed the timing and purpose of the trip on condition of anonymity, because the details haven’t been officially announced.