Treasury Secretary Janet Yellen to meet with senior officials in China this week
NBCAPR 2023
Yellen Urges China to Adopt Market Reforms, Says US Not Decoupling
Image copyright: Wikimedia Commons
The Spin
Anti-China narrative
Not only has China imposed harsh economic sanctions on US businesses, but it has detained Chinese nationals working for US companies in Beijing. China's economic policies are also connected to its stringent new national security and counterespionage laws, actions that have led the US to warn Americans against traveling to the country. If China keeps this up, it will likely only lead to further severance of ties.
Pro-China narrative
If Washington wishes to improve its poor relations with Beijing, it should start by eliminating tariffs on more than $300B worth of Chinese goods, which are detrimental to China, the US, and the global economy. The US could also relax export restrictions on high-tech exports to China and ensure that Chinese companies operating in the US can operate without interference. China must be treated as an equal partner rather than an enemy.