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Janet Yellen Signals End of Tenure, Plans Further Engagement with China

Treasury Secretary Yellen discusses her likely departure and upcoming meetings to address U.S.-China economic tensions.

  • Yellen indicates she will likely step down after President Biden's term ends in January.
  • She plans to meet with Chinese Vice Premier He Lifeng to manage economic relations.
  • Yellen emphasizes the need for ongoing high-level discussions between the U.S. and China.
  • The U.S. aims to address China's industrial overcapacity and other economic issues.
  • Yellen believes the U.S. economy is stable, with solid consumer spending and low inflation.
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