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treasury secretary, janet yellen. it comes at a time when diplomatic and economic relations between the us and china are increasingly fraught. the bbc s north america business correspondent samira hussain has more. it has been five years since the united states imposed tariffs on billions of dollars of goods coming in from china. since then, not only have trade relations, but diplomatic relations between the two countries have deteriorated. but in a speech at an american university, us treasury secretary janet yellen was emphasizing the need for a more constructive relationship with china. we seek a healthy economic relationship with china, one that fosters growth and innovation in both countries. a growing china that plays by international rules is good for the united states and the world. both countries can benefit from healthy competition in the economic sphere. but healthy economic competition where both sides benefit is only sustainable if this competition is fair. ....
secretary. it comes in a time where diplomatic and economic relations between the us and china are increasingly fraught. bbc north america correspondent has more. it has been five years since the us opposed terrorists on billions of dollars of goods coming in from china. imposed. since that not only have trade relations but also diplomatic relationships between the two countries have deteriorated. but in a speech at american university us treasury secretary was emphasising the need for a more constructive relationship with china. we seek a relationship with china. - seek a healthy economic relationship with china. one that fosters growth and innovation in both countries. a growing china in place with international rules is good for the us in the world. both countries can benefit from healthy competition in the economic sphere. but healthy economic sphere. but healthy economic competition where both sides benefit is only sustainable if the competition is fair. , ., , ....
Yellen, who i am a huge fan of, was a clear emphasis on security over economics and by ranking security at the top of the agenda, that pretty much turns the hopes for engagement on their head. economics has long been the anchor of the us china relationship. if we get the economics and trade right, then we can be more comfortable in dealing with the thorny and prickly issues of security. but i m worried that she is putting the cart before the horse here. and i would say with all, you know, effort to be balanced here, xijinping has done the same thing and in his address to the party congress last october, he, too, put the emphasis primarily on security. so you ve got both sides focused on security, and that is not a constructive formula for re engagement and de escalation of conflict. ....
Yellen who i am a huge fan of i yellen who i am a huge fan of was yellen who i am a huge fan of was a yellen who i am a huge fan of was a clear yellen who i am a huge fan of was a clear emphasis on security was a clear emphasis on security over economics. and by ranking security over economics. and by ranking security at the top of the agenda, that pretty much turns the agenda, that pretty much turns the the agenda, that pretty much turns the hopes for engagement on their turns the hopes for engagement on their head. economics is long on their head. economics is long been the anchor of the us china long been the anchor of the us china relationship, if we get the economics and trade right, then the economics and trade right, then we the economics and trade right, then we can be more comfortable in dealing then we can be more comfortable in dealing with the thorny and prickly in dealing with the thorny and prickly issues of security. i am prickly issues of securit ....