U.S. Treasury Secretary Janet Yellen delivered a loud-and-clear message Thursday morning about the relationship between the United States and China: Tensions between the two superpowers are real and not going away, but this shouldn't stand in the way of a constructive economic relationship.
Why it matters: After a few months (and years) of frosty relations between the world's two largest economies, the Biden administration is trying to feel out the possibility of finding areas of limited, pragmatic collaboration.
