U.S. Treasury chief Janet Yellen visits China with warning over "unfair economic practices"
CBSN
Beijing — U.S. Treasury Secretary Janet Yellen, in Beijing for meetings with top Chinese officials and American companies that do business in the country, warned China on Friday to put an end to what she called "unfair economic practices."
Her message to company representatives, including from corporate giants such as Boeing and Bank of America that have significant operations in China, was that the U.S. government understands "it's not an easy time."
"I've been particularly troubled by punitive actions that have been taken against U.S. firms," the Treasury chief said, referencing raids carried out in the spring by police on three companies that the Chinese government — without offering any evidence — said were suspected of spying.
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