Yellen Says Direct Communication Can Resolve US-China Trade Woes

U.S. Treasury Secretary Janet Yellen on Saturday called on the Chinese regime to communicate “directly” if there are concerns about specific economic practices, reiterating the importance of communication amid a “complicated global economic outlook.”
Ms. Yellen’s remarks were delivered during a meeting with China’s Vice Premier He Lifeng, a long-time ally of Chinese leader Xi Jinping, during the third day of her trip to Beijing. The visit through Sunday is aimed at mending the strained economic relations, though critics argued that the Treasury chief has not spoken from a position of strength while engaging with Chinese officials.
Speaking at the Diaoyutai State Guest House on Saturday, Ms. Yellen told Mr. He, “Where we have concerns about specific economic practices, we should and will communicate them directly,” according to a text released by her department….