Yellen warns that decoupling from China is a disaster, saying that the United States has no intention of stifling China's economic success.

[Yellen warns that decoupling from China is a disaster, saying that the United States has no intention of stifling China's economic success] FYF, June 14, "I don't think it is in our interest to suppress the economic progress of the Chinese people." according to the New York Times, US Treasury Secretary Yellen made a series of positive statements to China at the hearing of the House Financial Services Committee on the 13th local time, she warned. America's attempt to "decouple" from China would be a "disaster", and economic ties between the world's two largest economies should be strengthened. But while sending positive signals, Ms Yellen is also trying to justify the Biden administration's restrictive measures against China, citing "risk reduction", which has been much talked about by Americans and westerners recently. (world wide Web)