US Treasury Secretary Jane Yellen recently wrapped up a trip to China, where she consulted senior Chinese government officials to discuss trade tensions between the two countries and expressed hope for finding commonalities to enhance bilateral cooperation. Yellen stressed that the United States does not perceive China through the lens of a great power struggle and emphasised that Washington wants to engage in a ‘healthy competition’ with Beijing. Yellen is not the first government official to call for healthy competition. In 2021, Chinese policymakers and scholars seized the opportunity of former president Donald ... (full story)