US Yellen "Conveyed to China the intention not to back down on national security protection"

U.S. Treasury Secretary Janet Yellen, who concluded her four-day visit to China, stated regarding the achievements of this trip, "We clearly conveyed to the Chinese side that the United States will not back down in protecting national security."

Janet Yellen, U.S. Secretary of the Treasury [Photo by Yonhap News]

In an interview with the podcast Marketplace released on the 10th (local time), Secretary Yellen said, "We will ensure that the actions we take are clear, transparent, and narrowly targeted, and we will provide a channel of communication to clarify the points they are concerned about." Secretary Yellen conducted the interview at the U.S. Embassy in Beijing on the last day of her visit, the 9th.

Regarding China's retaliatory measures in response to U.S. semiconductor export controls, Secretary Yellen stated, "Because national security is a core concern, both countries are acting accordingly."

When asked about China's reaction to the position that "national security is the top priority of U.S. policy," she said, "Of course, China expresses concerns that this could go beyond national security issues and become economic competition."

As a countermeasure, Secretary Yellen emphasized that a communication channel would be established for China to convey if it judges that U.S. measures cause excessive harm to its country. She said, "If China believes that U.S. actions go beyond security issues and have an overall negative impact on their well-being, we are open to hearing their concerns."

Furthermore, Secretary Yellen stressed that the United States is not currently seeking to decouple from the Chinese economy, which China is concerned about. She added, "Bilateral trade, which is approaching $700 billion this year, benefits both sides."

This content was produced with the assistance of AI translation services.