WASHINGTON (AP) – Treasury Secretary Janet Yellen will adopt a conciliatory tone when discussing US-China relations on Thursday. It calls for “cooperation on the pressing global challenges of our time,” while upholding economic restrictions on China to further U.S. national security interests.
“We are aiming for a healthy economic relationship with China.
In a speech to be given at the Graduate School of Advanced International Studies at Johns Hopkins University in Washington, Yellen said.
She said Yellen has called for improved relations between the two countries since the communist state expanded ties with Russia despite its continued aggression into Ukraine after a Chinese surveillance balloon was spotted in U.S. airspace. I am going to give the requested speech.
“A China that grows according to international rules is good for the United States and the world,” says Yellen. “Both countries can benefit from healthy economic competition. But healthy economic competition, which benefits both sides, is sustainable only if this competition is fair. “
The speech comes at a time when tensions between the US and China are at their peak. A surveillance balloon equipped with high-tech equipment to collect classified information and fly over classified US military installations has been spotted, drawing the attention of lawmakers.
And China’s support for Russia in pursuing a war in Ukraine has raised concerns among Western leaders. China has remained neutral in the conflict and has said it will not sell arms to either side in the war, but recently held joint military exercises with Russia.
Yellen said in her speech that US national security is “of paramount importance” in its relationship with the People’s Republic of China. “For example, we have made clear that it is a vital national interest to protect certain technologies from China’s military and security agencies,” she says.
The U.S. last October blocked exports of advanced computer chips to China aimed at suppressing China’s ability to create advanced military systems, including weapons of mass destruction, Commerce Department officials said last October.
Military exercises in Taiwan have also fueled concerns that China might invade the island. Earlier this month, China conducted large-scale combat exercises around Taiwan to simulate an island blockade in response to the Taiwanese president’s visit to the United States earlier this month.
“We will protect our national security interests, the interests of our allies and partners, and uphold human rights,” Yellen said in her speech. “We will make clear to China our concerns over their conduct.”
Yellen met with her Chinese counterpart Liu He in Zurich in January after the respective presidents agreed to explore potential areas of cooperation in their first face-to-face meeting last November. bottom. This was the highest level of contact between the two countries.
“It is important to move forward on global issues regardless of other disagreements,” says Yellen. “This is exactly what the world needs from the two largest economies.”
