{"id":9129,"date":"2023-07-08T16:18:03","date_gmt":"2023-07-08T15:18:03","guid":{"rendered":"https:\/\/londonpost.news\/?p=9129"},"modified":"2023-07-08T16:18:03","modified_gmt":"2023-07-08T15:18:03","slug":"us-treasury-chief-seeks-chinas-cooperation-on-climate-and-critical-global-matters","status":"publish","type":"post","link":"https:\/\/brusselsindependent.com\/fr\/brusselsindependent\/us-treasury-chief-seeks-chinas-cooperation-on-climate-and-critical-global-matters\/2023\/07\/08\/admin1\/","title":{"rendered":"US Treasury Chief Seeks China’s Cooperation on Climate and Critical Global Matters"},"content":{"rendered":"

BEIJING,<\/span> CHINA<\/span> (Reuters)<\/span> –<\/span> U.S.<\/span> Treasury<\/span> Secretary<\/span> Janet<\/span> Yellen<\/span> called<\/span> for<\/span> cooperation<\/span> with<\/span> China<\/span> on<\/span> climate<\/span> change<\/span> and<\/span> other<\/span> global<\/span> challenges<\/span> during<\/span> a<\/span> meeting<\/span> with<\/span> Chinese<\/span> Vice<\/span> Premier<\/span> He<\/span> Lifeng.<\/span> Yellen<\/span> has<\/span> defended<\/span> US<\/span> technology<\/span> export<\/span> restrictions<\/span> that<\/span> have<\/span> heightened<\/span> tensions<\/span> between<\/span> the<\/span> two<\/span> countries,<\/span> and<\/span> has<\/span> called<\/span> for<\/span> maintaining<\/span> prosperous<\/span> economic<\/span> and<\/span> financial<\/span> relations<\/span> despite<\/span> disagreements.<\/span>
\n<\/span>
\n<\/span>She<\/span> stressed<\/span> the<\/span> need<\/span> to<\/span> address<\/span> critical<\/span> global<\/span> issues<\/span> such<\/span> as<\/span> the<\/span> emerging<\/span> and<\/span> developing<\/span> world<\/span> debt<\/span> crisis<\/span> and<\/span> climate<\/span> change.<\/span> She<\/span> emphasizes<\/span> her<\/span> obligation<\/span> to<\/span> work<\/span> together<\/span> for<\/span> the<\/span> benefit<\/span> of<\/span> both<\/span> countries’<\/span> economies<\/span> and<\/span> the<\/span> interests<\/span> of<\/span> others.<\/span>
\n<\/span>
\n<\/span>Yellen’s<\/span> visit<\/span> is<\/span> part<\/span> of<\/span> a<\/span> broader<\/span> effort<\/span> by<\/span> U.S.<\/span> officials<\/span> to<\/span> improve<\/span> relations<\/span> with<\/span> China,<\/span> which<\/span> is<\/span> bogged<\/span> down<\/span> in<\/span> disputes<\/span> over<\/span> technology,<\/span> security<\/span> and<\/span> Taiwan,<\/span> among<\/span> others.<\/span> Chinese<\/span> leaders,<\/span> including<\/span> Premier<\/span> Li<\/span> Qiang,<\/span> received<\/span> an<\/span> enthusiastic<\/span> welcome<\/span> but<\/span> showed<\/span> no<\/span> sign<\/span> of<\/span> policy<\/span> changes<\/span> to<\/span> defuse<\/span> tensions.<\/span>
\n<\/span>
\n<\/span>The<\/span> purpose<\/span> of<\/span> Ms<\/span> Yellen’s<\/span> visit<\/span> is<\/span> to<\/span> facilitate<\/span> communication,<\/span> and<\/span> no<\/span> major<\/span> reconciliation<\/span> is<\/span> expected<\/span> on<\/span> controversial<\/span> issues.<\/span> Notably,<\/span> Yellen<\/span> does<\/span> not<\/span> plan<\/span> to<\/span> meet<\/span> Chinese<\/span> leader<\/span> Xi<\/span> Jinping<\/span> during<\/span> her<\/span> visit.<\/span>
\n<\/span>
\n<\/span>Talks<\/span> on<\/span> climate<\/span> change<\/span> between<\/span> China<\/span> and<\/span> the<\/span> United<\/span> States<\/span> were<\/span> interrupted<\/span> last<\/span> August<\/span> following<\/span> a<\/span> visit<\/span> to<\/span> Taiwan<\/span> by<\/span> former<\/span> Speaker<\/span> of<\/span> the<\/span> House<\/span> Nancy<\/span> Pelosi.<\/span> But<\/span> President<\/span> Joe<\/span> Biden’s<\/span> climate<\/span> chief,<\/span> John<\/span> Kerry,<\/span> is<\/span> scheduled<\/span> to<\/span> visit<\/span> China<\/span> next<\/span> week,<\/span> suggesting<\/span> that<\/span> climate<\/span> change<\/span> cooperation<\/span> between<\/span> the<\/span> two<\/span> countries<\/span> is<\/span> once<\/span> again<\/span> in<\/span> focus.<\/span> China<\/span> and<\/span> the<\/span> United<\/span> States<\/span> are<\/span> the<\/span> world’s<\/span> largest<\/span> carbon<\/span> emitters,<\/span> so<\/span> it’s<\/span> important<\/span> to<\/span> work<\/span> together<\/span> on<\/span> climate<\/span> issues.<\/span>
\n<\/span>
\n<\/span>Vice<\/span> Premier<\/span> He,<\/span> who<\/span> serves<\/span> as<\/span> President<\/span> Xi<\/span> Jinping’s<\/span> top<\/span> economic<\/span> adviser<\/span> and<\/span> China’s<\/span> chief<\/span> envoy<\/span> to<\/span> the<\/span> United<\/span> States<\/span> on<\/span> trade<\/span> and<\/span> financial<\/span> issues,<\/span> said<\/span> he<\/span> would<\/span> support<\/span> the<\/span> November<\/span> 2022<\/span> agreement<\/span> between<\/span> President<\/span> Biden<\/span> and<\/span> President<\/span> Xi<\/span> to<\/span> improve<\/span> relations.<\/span> claiming<\/span> to<\/span> return.<\/span> He<\/span> emphasizes<\/span> the<\/span> need<\/span> for<\/span> responsibility<\/span> to<\/span> history,<\/span> people<\/span> and<\/span> the<\/span> world.<\/span>
\n<\/span>
\n<\/span>China’s<\/span> Belt<\/span> and<\/span> Road<\/span> Initiative,<\/span> which<\/span> envisions<\/span> massive<\/span> investments<\/span> in<\/span> infrastructure<\/span> projects<\/span> around<\/span> the<\/span> world,<\/span> is<\/span> helping<\/span> countries<\/span> like<\/span> Zambia<\/span> pay<\/span> off<\/span> their<\/span> debt.<\/span> Finance<\/span> officials<\/span> have<\/span> called<\/span> this<\/span> one<\/span> area<\/span> where<\/span> cooperation<\/span> has<\/span> yielded<\/span> positive<\/span> results.<\/span> Yellen<\/span> also<\/span> met<\/span> with<\/span> China’s<\/span> new<\/span> central<\/span> bank<\/span> governor<\/span> Pan<\/span> Gongsheng<\/span> and<\/span> China’s<\/span> climate-related<\/span> financial<\/span> industry<\/span> experts<\/span> to<\/span> further<\/span> emphasize<\/span> the<\/span> importance<\/span> of<\/span> working<\/span> together<\/span> to<\/span> tackle<\/span> global<\/span> challenges.<\/span>
\n<\/span>
\n<\/span>Yellen<\/span> defended<\/span> U.S.<\/span> technology<\/span> export<\/span> restrictions<\/span> and<\/span> expressed<\/span> concern<\/span> over<\/span> Chinese<\/span> government<\/span> subsidies<\/span> and<\/span> protectionism,<\/span> but<\/span> called<\/span> for<\/span> open<\/span> communication<\/span> to<\/span> avoid<\/span> misunderstandings<\/span> and<\/span> prevent<\/span> further<\/span> deterioration<\/span> of<\/span> economic<\/span> and<\/span> financial<\/span> ties<\/span> between<\/span> the<\/span> two<\/span> countries.<\/span>\u00a0
\n<\/span>
\n<\/span>Ms.<\/span> Yellen<\/span> emphasized<\/span> the<\/span> importance<\/span> of<\/span> US-China<\/span> cooperation<\/span> on<\/span> global<\/span> issues<\/span> such<\/span> as<\/span> climate<\/span> change<\/span> and<\/span> emerging<\/span> market<\/span> debt<\/span> crises.<\/span> This<\/span> suggests<\/span> that<\/span> concerted<\/span> efforts<\/span> by<\/span> major<\/span> powers<\/span> are<\/span> needed<\/span> to<\/span> address<\/span> these<\/span> challenges.<\/span> The<\/span> text<\/span> acknowledges<\/span> that<\/span> US-China<\/span> relations<\/span> are<\/span> at<\/span> a<\/span> rock<\/span> bottom<\/span> over<\/span> trade,<\/span> technology<\/span> and<\/span> the<\/span> Taiwan<\/span> dispute.<\/span><\/p>\n

Yellen’s<\/span> visit<\/span> aims<\/span> to<\/span> revitalize<\/span> communications<\/span> and<\/span> improve<\/span> economic<\/span> and<\/span> financial<\/span> relations<\/span> between<\/span> the<\/span> two<\/span> countries.<\/span> Yellen’s<\/span> focus<\/span> on<\/span> climate<\/span> change<\/span> reflects<\/span> his<\/span> growing<\/span> awareness<\/span> of<\/span> its<\/span> global<\/span> importance.<\/span> John<\/span> Kerry’s<\/span> reference<\/span> to<\/span> Japan<\/span> underscores<\/span> the<\/span> US<\/span> government’s<\/span> commitment<\/span> to<\/span> prioritizing<\/span> climate<\/span> change<\/span> cooperation<\/span> with<\/span> China.<\/span> References<\/span> to<\/span> China’s<\/span> “One<\/span> Belt,<\/span> One<\/span> Road”<\/span> initiative<\/span> highlight<\/span> potential<\/span> areas<\/span> for<\/span> cooperation,<\/span> as<\/span> evidenced<\/span> by<\/span> debt<\/span> reductions<\/span> in<\/span> countries<\/span> such<\/span> as<\/span> Zambia.<\/span>
\n<\/span>
\n<\/span>This<\/span> suggests<\/span> that<\/span> there<\/span> are<\/span> areas<\/span> where<\/span> mutual<\/span> cooperation<\/span> can<\/span> yield<\/span> positive<\/span> results,<\/span> despite<\/span> disagreements.<\/span> Yellen<\/span> stressed<\/span> the<\/span> need<\/span> for<\/span> open<\/span> communication<\/span> to<\/span> avoid<\/span> any<\/span> misunderstanding<\/span> and<\/span> prevent<\/span> further<\/span> deterioration<\/span> in<\/span> US-China<\/span> economic<\/span> and<\/span> financial<\/span> relations.<\/span> This<\/span> highlights<\/span> the<\/span> importance<\/span> of<\/span> dialogue<\/span> in<\/span> resolving<\/span> disagreements<\/span> and<\/span> finding<\/span> common<\/span> ground.<\/span>
\n<\/span>
\n<\/span>Overall,<\/span> this<\/span> analysis<\/span> highlights<\/span> the<\/span> complexity<\/span> of<\/span> US-China<\/span> relations,<\/span> with<\/span> both<\/span> countries<\/span> recognizing<\/span> the<\/span> importance<\/span> of<\/span> cooperating<\/span> on<\/span> global<\/span> challenges<\/span> while<\/span> managing<\/span> differences<\/span> and<\/span> trade<\/span> frictions.<\/span><\/p>","protected":false},"excerpt":{"rendered":"

BEIJING, CHINA (Reuters) – U.S. Treasury Secretary Janet Yellen called for cooperation with China on climate change and other global challenges during a meeting with Chinese Vice Premier He Lifeng. Yellen has defended US technology export restrictions that have heightened tensions between the two countries, and has called for maintaining prosperous economic and financial relations […]<\/p>","protected":false},"author":2,"featured_media":9130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":""},"categories":[1],"tags":[152,188,741,4119,7394,7426,7427,7428],"jetpack_featured_media_url":"https:\/\/brusselsindependent.com\/wp-content\/uploads\/2023\/07\/YELLEN-1.webp","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/brusselsindependent.com\/fr\/wp-json\/wp\/v2\/posts\/9129"}],"collection":[{"href":"https:\/\/brusselsindependent.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brusselsindependent.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brusselsindependent.com\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/brusselsindependent.com\/fr\/wp-json\/wp\/v2\/comments?post=9129"}],"version-history":[{"count":2,"href":"https:\/\/brusselsindependent.com\/fr\/wp-json\/wp\/v2\/posts\/9129\/revisions"}],"predecessor-version":[{"id":9132,"href":"https:\/\/brusselsindependent.com\/fr\/wp-json\/wp\/v2\/posts\/9129\/revisions\/9132"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brusselsindependent.com\/fr\/wp-json\/wp\/v2\/media\/9130"}],"wp:attachment":[{"href":"https:\/\/brusselsindependent.com\/fr\/wp-json\/wp\/v2\/media?parent=9129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brusselsindependent.com\/fr\/wp-json\/wp\/v2\/categories?post=9129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brusselsindependent.com\/fr\/wp-json\/wp\/v2\/tags?post=9129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}