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The world is big enough for US and China, Yellen says to conclude Beijing trip

Treasury Secretary Janet Yellen on Sunday said Washington will listen to Chinese complaints about curbs on U.S. exports as she ended a visit to Beijing aimed at reviving strained relations.

BEIJING — Treasury Secretary Janet Yellen on Sunday said she agreed Washington will listen to Chinese complaints about security-related curbs on U.S. technology exports and might "respond to unintended consequences" as she ended a visit to Beijing aimed at reviving strained relations.

Yellen defended "targeted measures" on trade that China's leaders complain are aimed at hurting its fledgling tech industries. She said the Biden administration wants to "avoid unnecessary repercussions" but gave no indication of possible changes.

Relations between the two biggest economies

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