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Yellen Says US Will 'Underscore' Need for China to Shift Course

Financial Concepts

Definition

KEY TAKEAWAYS Treasury Secretary Janet Yellen said Monday that future discussions between the U.S. and China will focus on Beijing shifting its industrial and economic policies.Yellen said Chinese banks that provide Russia with aid in its war with Ukraine are at risk of facing sanctions.Yellen began her four-day trip to China Friday by criticizing it for the “unfair” treatment of American and othe

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Common mistakes

Do not infer unobserved prices.