Yellen was in Brussels ahead of a meeting of finance ministers for the Group of Seven leading economies in Bonn, Germany. She also met Tuesday with EU Commission President Ursula von der Leyen. Yellen said they discussed “critical issues related to energy security, Ukraine’s economic needs, and continued coordination to impose sanctions on Russia.”
onsdag 18. mai 2022
Yellen warns Europeans about working with China, urges unity
Even as Western allies grapple with how to counter Russia’s assault on Ukraine, U.S. Treasury Secretary Janet Yellen warned Tuesday that they also must take a wary and united approach to checking China and its business practices. “We have a common interest in incentivizing China to refrain from economic practices that have disadvantaged all of us,” Yellen said in a speech to the Brussels Economic Forum. “These practices range from those affecting trade and investment, to development and climate policies, to approaches to provide debt relief to countries facing unsustainable debt burdens,” she added.
Yellen was in Brussels ahead of a meeting of finance ministers for the Group of Seven leading economies in Bonn, Germany. She also met Tuesday with EU Commission President Ursula von der Leyen. Yellen said they discussed “critical issues related to energy security, Ukraine’s economic needs, and continued coordination to impose sanctions on Russia.”
Yellen was in Brussels ahead of a meeting of finance ministers for the Group of Seven leading economies in Bonn, Germany. She also met Tuesday with EU Commission President Ursula von der Leyen. Yellen said they discussed “critical issues related to energy security, Ukraine’s economic needs, and continued coordination to impose sanctions on Russia.”
