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Political news from city Guangzhou

Joe Biden - Janet Yellen - With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets - independent.co.uk - China - city Beijing - Ukraine - Iran - Britain - Russia - Canada - France - Germany - Italy - Japan - city Guangzhou

With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets

Ukraine's allies are wrestling with how to squeeze money out of frozen Russian assets to support Kyiv's war effort, a debate that is ever more urgent as Russia gains territory on the battlefield and as the outlook for Ukraine’s state finances looks shakier.

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Joe Biden - Janet Yellen - Rebecca Picciotto - U.S. ready to sanction Chinese banks if they aid Russia's war machine, Yellen says - cnbc.com - Usa - China - city Beijing - Ukraine - Russia - city Moscow - city Sanction - city Guangzhou

U.S. ready to sanction Chinese banks if they aid Russia's war machine, Yellen says

The United States is prepared to sanction Chinese banks and companies, as well as Beijing's leadership, if they assist Russia's armed forces with the invasion of Ukraine, U.S. Treasury Secretary Janet Yellen said Monday. "We stand ready to act if we see significant violations, especially by financial institutions," Yellen said in an interview with CNBC's Sara Eisen in Beijing. "Anything that involves aiding Russia's military in their brutal war against Ukraine is unacceptable to us and we have the ability to sanction it." President Joe Biden issued a new executive order in December that vested the Treasury secretary with the authority to sanction financial institutions that aided Russia's military-industrial complex. Yell

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Janet Yellen - FATIMA HUSSEIN - Culinary diplomacy: The internet is obsessed with what Janet Yellen eats in China - apnews.com - Usa - China - city Beijing - Russia - city Guangzhou

Culinary diplomacy: The internet is obsessed with what Janet Yellen eats in China

BEIJING (AP) — Ever since she ate mushrooms that can have psychedelic effects in Beijing last July, Janet Yellen has united Americans and Chinese in wanting to know what she will eat next.

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Janet Yellen - Karen Gilchrist - Yellen says she won't rule out possible tariffs on China's green exports - cnbc.com - China - city Beijing - Washington - Japan - city Guangzhou

Yellen says she won't rule out possible tariffs on China's green exports

U.S. Treasury Secretary Janet Yellen on Monday said she would not rule out any measures, including potential tariffs, on China's green energy exports.

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Janet Yellen - Southern - Yellen kicks off China meetings with overcapacity concerns, encouraging market-oriented reforms - cnbc.com - Usa - China - city Beijing - city Guangzhou

Yellen kicks off China meetings with overcapacity concerns, encouraging market-oriented reforms

BEIJING — U.S. Treasury Secretary Janet Yellen kicked off her first full day of official meetings in China with discussion about overcapacity concerns and encouragement to pursue market-oriented reforms. Yellen arrived in the southern Chinese city of Guangzhou late on Thursday and is set to travel to Beijing on Saturday, where she will stay until Tuesday. It is her second trip to China as Treasury secretary. Ahead of a scheduled meeting Friday with Vice Premier He Lifeng, Yellen met with Wang Weizhong, governor of Guangdong province, of which Guangzhou is the capital. "Throughout my engagements with my counterparts, I will stress that a healthy economic relationship can bring significant benefits for both our economies," Yellen said in prep

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Joe Biden - Xi Jinping - Janet Yellen - FATIMA HUSSEIN - Treasury secretary heads to China to talk trade, anti-money laundering and Chinese 'overproduction' - independent.co.uk - Usa - China - city Beijing - Taiwan - Indonesia - Japan - state Alaska - city Guangzhou

Treasury secretary heads to China to talk trade, anti-money laundering and Chinese 'overproduction'

Treasury Secretary Janet Yellen is headed to a China determined to avoid open conflict with the United States, yet the world's two largest economies still appear to be hashing out the rules on how to compete against each other.

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Joe Biden - Xi Jinping - Janet Yellen - FATIMA HUSSEIN - Treasury secretary heads to China to talk trade, anti-money laundering and Chinese ‘overproduction’ - apnews.com - Usa - China - city Beijing - Indonesia - state Alaska - city Guangzhou

Treasury secretary heads to China to talk trade, anti-money laundering and Chinese ‘overproduction’

JOINT BASE ELMENDORF-RICHARDSON, Alaska (AP) — Treasury Secretary Janet Yellen is headed to a China determined to avoid open conflict with the United States, yet the world’s two largest economies still appear to be hashing out the rules on how to compete against each other.

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Alan Rappeport - U.S. and China Continue to Talk, but Economic Divide Remains Wide - nytimes.com - Usa - China - city Beijing - state Alaska - San Francisco - Morocco - city Guangzhou

U.S. and China Continue to Talk, but Economic Divide Remains Wide

When Treasury Secretary Janet L. Yellen traveled to Beijing last summer, her mission was to re-establish a dialogue between the world’s largest economies and stabilize a relationship that appeared to have reached rock bottom.

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