Full text of Press Releases of the United States Department of the Treasury : READOUT: Secretary of the Treasury Janet L. Yellen's Meeting with U.S. China Business Council's Board of Directors

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U.S. DEPARTMENT OF THE TREASURY
READOUT: Secretary of the Treasury Janet L. Yellen's Meeting with
U.S. China Business Council's Board of Directors
June 8, 2023

WASHINGTON - Today, U.S. Secretary of the Treasury Janet L. Yellen met with the US-China
Business Council’s Board of Directors to discuss the U.S.-China economic relationship. Secretary
Yellen recognized the importance of trade and investment with China, given deep integration
between the two economies, while acknowledging concerns around barriers to market access
and its use of non-market tools. She also reaffirmed the U.S. economic approach to China, which
remains focused on three primary objectives: securing vital interests pertaining to national
security and human rights; pursuing healthy and mutually beneficial economic competition, in
which China plays by international rules; and seeking bilateral cooperation on urgent global
challenges, including on the macroeconomy, climate, and global debt.