US will listen to China’s curb complaints
BEIJING: Treasury Secretary Janet Yellen said on Sunday she agreed that Washington would listen to Chinese complaints about security-related restrictions on US technology exports and “may respond to unintended consequences” as she sought to revive strained ties.
Ended the trip to Beijing with the aim of Yellen defended “targeted measures” on trade, which China’s leaders complain are aimed at hurting its budding tech industries. He said the Biden administration “wants to avoid unnecessary consequences” but gave no indication of possible changes.
A key Chinese complaint is limits on access to processor chips and other US technology on security grounds that threaten to hinder the ruling Communist Party’s development of smartphones, artificial intelligence and other industries.
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