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Yellen’s Beijing trip won’t stop ‘cold war’
China and the United States will hold top-level official meetings during US Secretary of Treasury Janet Yellen’s visit to Beijing this week. Neither side expects a significant improvement in relations in the short run but there’s reason for hope that they may gradually accept each other’s differences. Yellen will visit Beijing on July 6-9, it was decided after a discussion between the two countries, China’s Ministry of Finance said on Monday. The former chairwoman of the US Federal Reserve is considered a relatively China-friendly US politician. Yellen’s visit comes after Secretary of State Antony ... (full story)