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Reuters
Reuters
Business
David Lawder

Yellen calls on U.S., European allies to confront China together

FILE PHOTO: A Chinese flag flutters outside the Chinese foreign ministry in Beijing, China February 24, 2022. REUTERS/Carlos Garcia Rawlins

U.S. Treasury Secretary Janet Yellen stepped up her criticism of China's economic and trade practices on Tuesday, calling on the United States and its allies in Europe to band together to challenge Beijing and diversify supply chains.

"We have a common interest in incentivizing China to refrain from economic practices that have disadvantaged us all," Yellen said in a speech to the Brussels Economic Forum.

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