WASHINGTON — U.S. Treasury Secretary Janet Yellen will travel to Beijing on July 6-9, becoming the second member of President Joe Biden’s cabinet to head to the Chinese capital in recent weeks, as the world’s two largest economies look to mend ties after a spate of bilateral tensions.
Yellen’s trip will take place just three weeks after Secretary of State Antony Blinken visited China, highlighting the efforts by the Biden administration to reinstate lines of communication with counterparts in Beijing.
The trip announcement ends months of speculation over when — and whether — the top U.S. economic policymaker would head to Beijing. The Treasury chief has said for months she intends to visit, but an escalation in tensions stemming from then-House Speaker Nancy Pelosi’s trip last year to Taiwan — which Beijing claims as part of China — and the flight of a Chinese balloon over the U.S. left the plans in limbo.
