Yellen to Meet China’s New Economic Czar This Week Ahead of Biden–Xi Meeting

The United States is seeking ‘a stable and healthy economic relationship’ with China that requires a ‘rules-based, level playing field,’ Yellen says.

U.S. Treasury Secretary Janet Yellen (L) shakes hands with Chinese Vice Premier He Lifeng during a meeting at the Diaoyutai State Guesthouse in Beijing on July 8, 2023. Pedro Pardo/Pool/AFP via Getty Images

U.S. Treasury Secretary Janet Yellen is set to hold economic talks with her Chinese counterpart this week before a potential meeting between the top leaders of the world’s two largest economies.

Ms. Yellen is scheduled to meet with Chinese Vice Premier He Lifeng on Nov. 9 and 10, the Treasury Department announced on Nov. 6. The meetings will take place before the start of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, where Ms. Yellen will host the top finance officials and ministers from the 21 member states of APEC on Nov. 11.