Janet Yellen Arrives in China for High-Stakes Economic Meetings

U.S. Treasury Secretary Janet Yellen has arrived in China for a 6-day visit, a trip she said was necessary to “advance America’s economic and national security interests.” Ms. Yellen landed in the southern Chinese export hub of Guangzhou on Thursday afternoon. Before her arrival, she took to social media platform X to explain the objectives of her trip. “During my time in China, I’ll focus on advancing a healthy economic relationship that provides a level playing field for American workers and firms, and furthering cooperation on shared challenges like illicit finance and climate change,” she wrote. The Treasury Department said her trip, the second in less than a year, aims to press her Chinese counterparts on Washington’s concerns about the regime’s “unfair trade practices” and “industrial overcapacity,” which poses a threat to economies across the world....