The U.S. seeks healthy economic competition with China even as the country pursues intellectual property to gain an economic edge, Treasury Secretary Janet Yellen said Thursday. Yellen stressed the importance of fairness between the U.S. and China, while outlining a three-tiered approach to economic relations between the nations during remarks at the Johns Hopkins University’s School of Advanced International Studies on Thursday. Her comments come as Washington, and the Republican-held House in particular, increase pressure on Beijing as part of a sustained U.S. backlash against China’s economic tactics. Yellen said ... (full story)