US Treasury secretary Janet Yellen will visit China this week, becoming the second Biden cabinet official to travel to Beijing as the countries boost efforts to stabilise their turbulent relationship.Yellen will spend four days in Beijing for meetings with top Chinese officials and US business leaders, according to a senior Treasury official, who cautioned that the trip was unlikely to produce “significant breakthroughs”.
The Treasury secretary will arrive in Beijing on Thursday, China’s finance ministry confirmed. She is not expected to meet President Xi Jinping.
Her trip comes just weeks after secretary of state Antony Blinken visited China in a bid to resurrect efforts to set a “floor” under the relationship, which remains in its worst state since the countries established diplomatic ties in 1979.