Yellen: ‘There Wasn’t an Explicit Matter of Discussion’ Between Biden and Xi Concerning TikTok and Privacy

RUHS EXCERPT:

YELLEN: “This wasn’t an explicit matter of discussion between Presidents Biden and Xi. I met with my own Chinese counterpart, Vice Premier He, for two days preceding the Biden-Xi meeting, and we did discuss issues concerning China’s investments in the United States and the CFIUS process where we review investments, but there’s a legal action that is currently pending in regard to TikTok, and we’re not really able to pursue further CFIUS actions while that legal — issues are pending.”