Treasury Secretary Janet Yellen last week outlined three objectives for her agency’s engagement with China next year and announced that she will visit the nation in 2024, a signal the Biden administration is working to ease tensions with China.
But while direct engagement with China isn’t necessarily a bad thing — the U.S. and China’s militaries should probably talk to each other, for example — Yellen’s plans do raise alarm bells for those of us who favor a tougher approach with China on trade issues.