Janet Yellen: ‘The United States Does Not Seek to Decouple from China’
‘Our two economies are deeply integrated, and a wholesale separation would be disastrous for both of our economies’
EXCERPT:
YELLEN: "During conversations this week, I underscored again that the United States does not seek to decouple from China. Our two economies are deeply integrated, and a wholesale separation would be disastrous for both of our economies. Even as we take actions to diversify our supply chains, we seek to preserve the broader trade and investment relationship that can benefit American workers and firms. China is a key market for American products and services.”
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