Treasury Secretary Janet Yellen will embark on a four-day crucial visit to Beijing this week for meetings with senior Chinese officials aiming to improve communication and economic relations between the two countries.
The Tresury chief is expected to meet with U.S. companies doing business in China during the visit, which begins on Thursday, reports say.
After his meeting with his Chinese counterpart Xi Jinping in November last year, President Joe Biden had directed to deepen communication between Washington and Beijing on a range of issues, including on the global macroeconomy and financial developments.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.