Janet Yellen on If Chinese Policy on Russia Would Change: ‘I Think They Clearly Heard Our Concerns’

‘The United States will not tolerate violations of our sanctions’

EXCERPT:

YELLEN: "Well, we've been extremely clear, and I was clear at the highest levels in my meetings, that the United States will not tolerate violations of our sanctions by Chinese banks or firms that are aiding Russia in its war against Ukraine, and that if that's done, that there will be consequences." 

ZAKARIA: "But did the Chinese seem responsive? Do you expect Chinese policy to change?"

YELLEN: "I think they clearly heard our concerns and will consider them very carefully."

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