The U.S. Treasury Secretary, Janet Yellen, has revealed a strategic blueprint delineating the intended framework for economic cooperation between the U.S. and China. Top of the list is a call for Beijing to establish and demonstrate a more extensive involvement in the regulatory field, enhanced transparency, and take concrete actions in addressing pressing issues such as terror finance and fentanyl proliferation.
The revelation of this roadmap occurs in the aftermath of a bipartisan move by Republicans and Democrats on the House China Committee. They've offered a list of 150 comprehensive countermeasures that Congress and the administration could undertake to tackle China's continued economic aggression, spanning multiple decades.
