Page 3 - Janet Yellen

Janet Yellen sees disinflation pressures at work as hiring surge fades

The improvement in US inflation trends has contrasted with suggestions of outright deflationary risks in China

G20: US talks higher private investment to spur India's energy shift

Yellen backs reforms to multilateral development banks

G20 meet: India, US to explore alternate mechanism to fund renewable energy

India and the US on Monday committed to further improving bilateral ties, exploring alternate mechanisms for funding renewable energy and actively pursuing the G20 agenda which includes strengthening MDBs and taking coordinated action to deal with climate change. Several issues, including climate action, rising indebtedness in low and middle income countries and digital public infrastructure, figured during a bilateral meeting between Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen held on the sidelines of the G20 meeting of Finance Ministers and Central Bank Governors. India, Sitharaman said, will "look forward to furthering ... bilateral interests through development cooperation and new investment opportunities through Alternate Investment platforms for renewable energy." Yellen too in her statement said the US will "look forward to working with India on an investment platform to deliver a lower cost of capital and increased private investment to speed .

India, US to boost ties, look for alternatives to fund energy transition

India and the US on Monday committed to strengthening bilateral ties and actively pursue the G20 agenda, which includes taking coordinated action to deal with climate change and look forward to alternate mechanisms to fund energy transition. Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen held bilateral meetings on the sidelines of the G20 finance ministers and central bank governors meeting here. Sitharaman, in her statement, expressed commitment to strengthening bilateral ties and looked forward to new investment opportunities through alternate investment platforms for renewable energy. The US and India's collaboration spans across a range of economic issues, including commercial and technological collaboration, strengthening supply chains, and catalysing the clean energy transition, Yellen said. "In particular, we look forward to working with India on an investment platform to deliver a lower cost of capital and increased private investment to speed ..

Ajay Banga, Yellen hail Gujarat's education 'control and command centre'

Banga said he will be visiting Delhi and will tell PM Modi during their meeting that he thinks this control and command centre is a great idea that can be put in other places in India and abroad

Hope to deepen 'very significant' relationship with India, says Yellen

Yellen was speaking in the context of the tariffs imposed on Chinese imports during President Donald Trump's era

Treasury Secy Yellen hopes to build on US-China thaw at India G20 gathering

After Yellen held landmark talks in Beijing July 6-9, she's now in Gandhinagar, India, for a gathering of finance ministers and central bank governors from Group of 20 countries

US restrictions to undermine efforts to ease tensions with China: Report

The looming restrictions were discussed during US Treasury Secretary Janet L Yellen's meetings with senior Chinese officials during her recent visit to China, according to the report

Women economists called traitors for meeting Treasury Secretary Yellen

China on Monday called on the US to take "practical action" in response to its "major concerns" about sanctions on Chinese firms, after Yellen wrapped up meetings with senior officials in Beijing

Janet Yellen's China trip offers economic guardrails in tense rivalry

In 10 hours of meetings Friday and Saturday, Yellen said she sought to convince China's newly installed economic team that the US isn't bent on seeking economic advantage against the country

Yellen's China visit ends sans announcement of agreements to mend ties

She indulged in ten hours of meetings over two days and left for Washington on Sunday. However, it is unlikely that the economic tension between the two countries will actually ease, the report noted

US may respond to consequences for China due to tech export curbs: Yellen

Treasury Secretary Janet Yellen on Sunday said she agreed Washington will listen to Chinese complaints about security-related curbs on US technology exports and might respond to unintended consequences as she ended a visit to Beijing aimed at reviving strained relations. Yellen defended targeted measures" on trade that China's leaders complain are aimed at hurting its fledgling tech industries. She said the Biden administration wants to avoid unnecessary repercussions" but gave no indication of possible changes. Relations between the two biggest economies are at their lowest level in decades due to disputes about technology, security and other irritants. A key Chinese complaint is limits on access to processor chips and other US technology on security grounds that threaten to hamper the ruling Communist Party's development of smartphones, artificial intelligence and other industries. We will open up channels so that they can express concerns about our actions, and we can explain a

US-China ties on 'surer footing' after critical trip, says Janet Yellen

Yellen's comments were delivered at a press conference capping a four-day visit to Beijing that she'd described as a mission to revive engagement between the two largest economies

Janet Yellen criticises Chinese treatment of US companies during visit

Treasury Secretary Janet Yellen criticised Chinese treatment of US companies and new export controls on metals used in semiconductors during a visit on Friday to Beijing to try to revive strained relations. Talking with a group of businesspeople, Yellen defended US controls on technology exports that irk Beijing, saying they are necessary for national security. She rejected suggestions Washington is trying to decouple, or separate the US economy from China's. "The US seeks healthy economic competition with China," Yellen said, according to a transcript released by her department. I am communicating the concerns that I've heard from the US business community including China's use of non-market tools like expanded subsidies for its state-owned enterprises and domestic firms, and barriers to market access for foreign firms, Yellen said. US-Chinese relations are at their lowest level in decades due to disputes over technology, security, Beijing's military expansion and other ...

Yellen's visit to Beijing aims to heal rifts in China-US relationship

Treasury Secretary Janet Yellen is visiting Beijing as part of efforts to revive US-Chinese relations that are at their lowest level in decades due to disputes over technology, security and other irritants. Presidents Joe Biden and Xi Jinping met in November and agreed to improve relations between the world's biggest economies and major trading partners. But neither government has shown willingness to make major policy changes. We hope the United States takes concrete actions to create a favourable environment for the healthy development of economic and trade relations, the Chinese finance ministry said in a statement on Friday. It expressed hope for the realisation of mutual benefit and win-win results but did not suggest possible Chinese concessions. Yellen's visit follows one by Secretary of State Antony Blinken, who met with Xi last month in Beijing in an encounter that lasted just 30 minutes. Here's a look at some areas of contention. POLITICAL RELATIONS US-Chinese relation

US Treasury Secretary Janet Yellen visits China to sooth strained relations

Treasury Secretary Janet Yellen arrived in Beijing on Thursday for meetings with Chinese leaders as part of efforts to revive relations that are strained by disputes about security, technology and other irritants. Yellen planned to focus on stabilizing the global economy and challenging Chinese support of Russia during its invasion of Ukraine, Treasury officials in Washington told reporters ahead of the trip. The secretary was due to meet with Chinese officials, American businesspeople and members of the public, according to Treasury officials. They gave no details, but said Yellen wouldn't meet Chinese leader Xi Jinping. Yellen follows Secretary of State Antony Blinken, who met Xi last month in the highest-level US visit to Beijing in five years. The two agreed to stabilise relations but failed to agree on improving communications between their militaries. Yellen earlier warned against economic decoupling, or disconnecting US and Chinese industry and markets. Businesspeople have .

Yellen's China visit seeks to usher in more discussions amid tensions

It will be the first major test of a policy she outlined in April that's geared toward defending and securing US national security without trying to hold China back economically

LIVE: Nitish Kumar should sack Tejashwi from cabinet, says Sushil Modi

Catch all the latest live news updates from across the globe

Treasury Secy Janet Yellen is making a long-awaited trip to China this week

Treasury Secretary Janet Yellen will travel to Beijing Thursday as part of an ongoing Biden administration effort to thaw U.S.-China relations, a senior Treasury official said Sunday. Yellen, who has called the notion of an economic decoupling from China disastrous, has frequently said in the past year that she would like to visit China. She says the two nations "can and need to find a way to live together in spite of their strained relations over geopolitics and economic development. Yellen will meet this week with Chinese officials, U.S. companies doing business in China and with Chinese people and will stay through July 9, said the official, who spoke on condition of anonymity to discuss details of the trip. The goal of her visit is to deepen and increase the frequency of communication between U.S. and China, the official said. While there are clear areas of common interest where Yellen can make progress, the official said, there are also significant disagreements that will not b

Yellen says critical to maintain China ties after Biden's dictator remarks

US Treasury Secretary Janet Yellen said on Thursday that it's critical the US and China maintain a relationship so they can work together on global challenges, coming just after President Joe Biden's remarks calling Chinese leader Xi Jinping a dictator drew condemnation from Beijing. Speaking at a news conference in Paris, Yellen said that with respect to the comments, I think President Biden and I both believe it's critical to maintain communication ... to clear up misperceptions, miscalculations. We need to work together where possible." But we have disagreements, and we are also forthright in recognising we do have disagreements, she added. Yellen has recently advocated for improving relations between the US and China, arguing cooperation is needed for the sake of maintaining global stability. Biden's remarks at a fundraiser Tuesday, when he also said China had real economic difficulties, opened a new rift just after US Secretary of State Antony Blinken concluded a visit to ...