During a five-day visit to China, U.S. Treasury Secretary emphasized the importance of a level playing field for American companies and workers. She highlighted the need for open communication on areas of disagreement, particularly addressing concerns about China's industrial overcapacity and its potential global impact.
This visit marks the first Cabinet-level official engagement between the two countries since President Joe Biden's meeting with Chinese leader Xi Jinping in November. The Secretary's agenda includes discussions on what the U.S. views as unfair trade practices by China, a sentiment echoed by several European nations.
