Yellen: Washington does not seek a complete separation of the US and Chinese economies

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As previously reported, Yellen’s first trip to China will be dedicated to “recalibrating” the relationship between the world’s two largest economies. Prior to flying to Beijing, Yellen met with Chinese Ambassador to the United States appointed in May, Xie Feng, who expressed hope that “Washington will meet Beijing halfway” and “take real action to remove obstacles and contain differences.”

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