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Secretary Yellen News Conference in Beijing
video Treasury Secretary Janet Yellen warned that any Chinese entity found to have aided Russia with resources for its war against Ukraine is subject to “significant consequences” or “sanctions by the United States.” Her remarks came in a briefing to reporters following four days of talks with top Chinese officials. The secretary also highlighted the importance of a healthy economic relationship between the U.S and China but expressed concerns, particularly in how U.S. jobs could be lost due to Chinese macroeconomic imbalances that she said have been “aggravated by large-scale government support in ... (full story)