Yellen Tells China’s Vice Premier Hacks Raise ‘Serious Concern’
- Meeting comes week after Treasury tells of China-linked breach
- Session with He will likely be secretary’s last with Beijing
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US Treasury Secretary Janet Yellen told China’s Vice Premier He Lifeng of her “serious concern” regarding “malicious cyber activity” a week after the US said Chinese state-sponsored hackers had breached the Treasury Department’s computer networks.
Yellen also warned of consequences for Chinese companies that support Russia in its invasion of Ukraine and discussed Chinese industrial policies, including overcapacity, that she said have harmed US companies and workers, according to a Treasury Department account of the virtual meeting on Monday.