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Janet Yellen heads to China, seeking to ease tensions between the two economic powers

From npr.org

Treasury Secretary Janet Yellen is on her way to Beijing for talks with her Chinese counterparts at a a tense time for the two countries, with tit-for-tat trade restrictions and rising strategic frictions around Taiwan and the South China Sea. Treasury officials say they don't expect any diplomatic breakthroughs from Yellen's trip, which will also include meetings with Chinese citizens and U.S. business leaders in Beijing. She's due to be in China from July 6 to July 9. But the secretary hopes to forge stronger communications with China's new economic leaders in an effort to avoid an deeper souring of relations ... (full story)

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  • Category: Fundamental Analysis