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Biden Treasury Secretary Janet Yellen Boasts Relations With Communist China Now on ‘Extra Steady Footing’ | The Gateway Pundit

U.S. Treasury Secretary Janet Yellen met with Chinese language Premier Li Qiang, the place she boasted about enhancing relations with the communist nation.

After discussing financial and commerce points over the course of her go to, Yellen argued that the broader U.S.-China relationship was on the up.

“While we have more to do, I believe that, over the past year, we have put our bilateral relationship on more stable footing,” Yellen remarked throughout a gathering within the Fujian room of the Nice Corridor of the Folks on the west aspect of Tiananmen Sq..

“As the world’s two largest economies, we have a duty to our own countries and to the world to responsibly manage our complex relationship and to cooperate and show leadership on addressing pressing global challenges,” Yellen continued.

Throughout the Trump administration, relations with China entered a interval of decline as he sought to push again towards the communist nation’s path in direction of international hegemony. Nonetheless, the Biden regime is much extra sympathetic to Beijing than its precedessor.

At a press convention on Saturday, Yellen additionally revealed she had mentioned the topic of the Russian invasion of Ukraine with Chinese language leaders.

“We think there’s more to do, but I do see it as an area where we’ve agreed to cooperate and we’ve already seen some meaningful progress,” she stated. “They understand how serious an issue this is to us.”

Final 12 months, Yellen was broadly criticized after bowing to her Chinese language counterpart, one thing which her opponents described as symbolic of her angle to the Asian superpower.

Since taking workplace in 2021, Yellen has additionally confronted criticism for her remarks about inflation, which she insisted could be “transitory.”

Final month, she stated she regretted utilizing that selection of phrases, provided that inflation has develop into half a significant situation affecting nearly all of Individuals.

“I regret saying it was transitory,” she stated on the time. “It has come down, but I think transitory means a few weeks or months to most people, and that — it’s lasted longer than that.”

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