Sec. Yellen: ‘I’ve Repeatedly Emphasized We Do Not Seek to Decouple’ from China

EXCERPT:

YELLEN: “The U.S. and Europe both recognize the China's tremendous rise from representing 3 percent of the global economy to 20 percent, means that it will help shape the global economy. Guided by President Biden I've worked to put the U.S.-China economic relationship on sure footing for the benefit of people around the world. As I've repeatedly emphasized we do not seek to decouple, we seek to diversify.”