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US to resume discussions on economic issues with China at ‘appropriate time’, Treasury Secretary Janet Yellen says

  • US Treasury Secretary Janet Yellen said on Thursday the United States would resume discussions with China on economic issues ‘at an appropriate time’
  • Some engagements between Washington and Beijing have been suspended following the downing of a suspected Chinese surveillance balloon

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At a news conference ahead of a Group of 20 financial leaders meeting in Bengaluru. Photo: AFP

US Treasury Secretary Janet Yellen said on Thursday the United States would resume discussions with China on economic issues “at an appropriate time”, but is continuing to warn Beijing of the consequences of violating its sanctions on Russia.

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At a news conference ahead of a Group of 20 financial leaders meeting in Bengaluru, Yellen said communication between the United States and China was important for “the sake of the entire globe”.

Some engagements between Washington and Beijing have been suspended following the downing of a suspected Chinese surveillance balloon that floated over the continental United States, leaving the timing of previously planned visits to China by Yellen and Secretary of State Antony Blinken unclear.

Yellen said she did not have any details on timing of her visit focused on economic and financial issues, but said: “I believe we will resume at an appropriate time those discussions”.

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A first in 2 years: top economic officials from US and China meet face to face

A first in 2 years: top economic officials from US and China meet face to face

Turning to US sanctions on Russia over its war in Ukraine, Yellen reiterated Washington’s warnings.

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