US not seeking ‘winner-take-all’ competition with China
Treasury Secretary Janet Yellen assured Chinese Premier Li Qiang that the United States seeks healthy economic competition, not a winner-take-all approach, during her visit to Beijing aimed at stabilizing ties.
Yellen emphasized the importance of maintaining a fair set of rules and avoiding misunderstandings that could worsen the bilateral economic relationship. Despite tensions, both countries expressed optimism about the visit, with hopes of warming up to each other and reshaping China-US relations.