After Yellen’s visit to China, the high-level economic and trade exchanges between China and the United States will be in-depth. What results will it bring?

U.S. Treasury Secretary Yellen ended her visit to China on the 9th. The Chinese Ministry of Finance announced on the official website the information that Chinese Finance Minister Liu Kun held talks with Yellen on the same day, and said that the two sides will maintain communication in the future.

Liu Kun and Yellen held talks at the Diaoyutai State Guesthouse on the evening of the 8th, and exchanged views on issues such as China and the United States and the global macroeconomic situation, fiscal policies of the two countries, and response to global challenges. Liao Min, Deputy Director of the Central Finance Office and Vice Minister of Finance, who accompanied the meeting, said that during Yellen’s visit to China, the Sino-US economic and trade teams held long and candid talks. China reiterated its position on bilateral economic and trade relations, expressed China’s concerns, and discussed macroeconomic and global challenges. The two sides will maintain communication in the future.

U.S. Treasury Secretary Yellen concluded her visit to China on the 9th. During her visit, she held talks with a number of high-level Chinese officials, which aroused great concern from the outside world. What outcomes will Yellen’s visit to China bring to China-US relations, especially in the economic and trade field? U.S. Treasury Secretary Yellen’s visit to China has attracted much attention. She is the second senior official to visit China in less than a month after U.S. Secretary of State Blinken.

Yellen held talks with several high-level Chinese officials during her visit to China. China’s evaluation of Yellen’s visit to China is positive. Yellen’s own evaluation even mentioned that she believes that China-US economic and trade relations are very important. Sino-US relations are also very important. On the one hand, there are differences between the two sides, but on the other hand, the two sides have stabilized Sino-US relations through such effective high-level communication.

Generally speaking, after Blinken and Yellen’s two visits to China, Sino-US relations, especially in terms of economy and trade, can prevent the differences between the two sides from forming conflicts. Yellen also mentioned that China and the United States, as the world’s two largest economies, cannot and cannot “decouple”. Under such circumstances, high-level officials from both sides have expressed their concerns and basic positions through Yellen’s visit to China.

In fact, the differences between China and the United States are neither terrible nor surprising. The key is for both sides to understand where the differences arise and what are the ways and means to resolve them. If it cannot be resolved, how can the two sides control and resolve differences through conversation and communication. From this perspective, I think Yellen’s visit to China is basically a success.

The current situation between China and the United States is to prevent “decoupling”. China does not approve of “decoupling” in the first place, and it is the United States that wants to “decouple”. After the Russian-Ukrainian conflict broke out last year, Yellen also made a very tough statement on China. Perhaps she herself knew that this was impossible. Being tough on China will eventually slander the United States itself.

It can be said that Yellen’s visit to China has gained a lot. I believe she will return home with the content of her talks with senior Chinese officials. In the future, the U.S. government will make further considerations and plans for the stable development of Sino-U.S. relations.

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