Tag: Yellen, Janet L

Chinese Firm Sent Large Shipments of Gunpowder to Russian Munitions Factory

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Both state-owned and private Chinese companies have sold Russia products that could plausibly be used by either civilians or the military — including drones, semiconductors, hunting rifles, navigation equipment and airplane parts. China has remained officially unaligned in the war. Officials there argue Beijing is a neutral party and a peacemaker. In practice, however, China has become an important diplomatic, economic and security partner for Russia, after proclaiming a “no limits” partnership early last year. In a speech in April in Washington, Treasury Secretary Janet L. Yellen called that partnership…

What to Know About Modi’s Visit and U.S.-India Relations

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Prime Minister Narendra Modi of India will receive a lavish welcome on Thursday in Washington, where he will address a joint session of Congress and be feted by President Biden and the first lady in a state dinner at the White House — only the third state leader to be hosted by the current administration. Swirling around the pageantry of a momentous visit for U.S.-India relations will be weighty questions of geopolitical alignments with regard to China’s economic influence and Russia’s military aggression, as well as the erosion of India’s…

Yellen Says Bid to Decouple From China Would Be ‘Disastrous’

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Treasury Secretary Janet L. Yellen said on Tuesday that it would be a mistake for the United States to try to “decouple” from China and called for deepening economic ties between the world’s two largest economies. The comments came as the Biden administration has been seeking to improve relations with China, which faced a setback this year when a Chinese surveillance balloon was found flying across the United States. Secretary of State Antony J. Blinken is planning to travel to Beijing next week, and Ms. Yellen hopes to make a…

China Wants to Set the Terms of Any ‘Thaw’ With the U.S.

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For a few weeks, a flurry of meetings between American and Chinese officials seemed to signal that the two countries were trying to reduce tensions, after months of rancor and frozen high-level contacts raised concerns about the risk of a conflict, accidental or otherwise. First the U.S. national security adviser, Jake Sullivan, met with China’s top diplomat, Wang Yi, in Vienna, in May. Then the two countries’ top commerce officials held talks, the first bilateral cabinet-level meeting in Washington in months. China’s ambassador also arrived in Washington last week, finally…

Yellen to Call for ‘Constructive’ China Relationship

Chin@Strategy

WASHINGTON — Treasury Secretary Janet L. Yellen on Thursday will call for a “constructive” and “healthy” economic relationship between the United States and China, one in which the two nations work together to confront challenges like climate change, according to excerpts from prepared remarks. Ms. Yellen’s comments, which she will deliver at Johns Hopkins University’s School of Advanced International Studies, will strike a notably positive tone about the U.S.-China relationship following months of heightened tensions between the two nations, which have the world’s largest economies. Ms. Yellen is expected to…

At the DealBook Summit, Untangling the Now — and the Future

Chin@Strategy

This article is part of our special section on the DealBook Summit that included business and policy leaders from around the world. Last week at the DealBook Summit, I interviewed some of the world’s most influential leaders, among them Janet Yellen, the Treasury secretary of the United States; President Volodymyr Zelensky of Ukraine; Mark Zuckerberg, chief executive of Meta; and Andy Jassy, the chief executive of Amazon. One common theme came up in just about every conversation. It was that every decision — big and small — is ultimately a…