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US Treasury Secretary Janet Yellen visits Beijing amid export spat NHK

US Treasury Secretary Janet Yellen has arrived in Beijing for high-level talks, amid growing tensions over semiconductor exports.

Yellen's visit to China is her first as treasury secretary. She will remain there through Sunday.

The meetings will reportedly touch on global issues, such as climate change and debt in emerging countries.

But semiconductors are expected to loom over the talks. The United States has been limiting exports of semiconductors to China because they could be used for military purposes.

On Monday, the Chinese government retaliated by announcing that it would limit its own exports of gallium and germanium. The rare metals are used to build semiconductors.
Summary
US Treasury Secretary Janet Yellen is in Beijing for high-level talks focusing on global issues like climate change and emerging nation debt, but primarily centered around semiconductor exports. The US has restricted these exports due to potential military use concerns, while China recently
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ID: cc65ba64-a5fb-4f81-9f2e-dcf9caf75aad

Category ID: nhk

URL: https://www3.nhk.or.jp/nhkworld/en/news/20230706_32/

Date: July 6, 2023

Created: 2023/07/07 07:24

Updated: 2025/12/09 02:12

Last Read: 2023/07/08 08:12