On this episode of Newt's World, on Thursday, July 6th, Treasury Secretary Janet Yellen

traveled to China to me with Xi Jinping's new top economic advisors.

One of Yellen's top goals was to understand what is happening in the Chinese economy,

which has rebounded slower than expected this year, after China lifted nearly three years

of stringent pandemic measures.

Yellen returned to Washington and Sunday with no announcements of breakthroughs or agreements

between the United States and China, but agreed to keep open on line of communication.

Here to discuss Treasury Secretary Yellen's recent visit to China, I'm really pleased

to welcome my two guests, Michael Falkender, America First Policy Institute's chief economist,

and Steve Yates, America First Policy Institute's senior fellow and chair of China Policy

Institute, and I have to say, one of my guides many years ago when we went to China and

he kept trying to explain to me what was going on, it was one of the great educations of my life.

Michael Steve, thank you both for joining me on Newt's World.

Great to be with you. Thank you.

I want you to free Associate for a second and tell me what was your reaction to what

you saw about Yellen and China. Steve, I want to start with you.

There are two big takeaways to me that I think are the signals that the Chinese audience

and our allies will see. Number one was the visual of the Secretary's three-time bow toward

a premiere. This is something that is not in communist culture, definitely not something

that's in the protocol handbook. It seemed to be almost instinctive and compulsive,

but what it was was a distinct body language signal of submission and obedience.

And that is, I think, the exact opposite message we should be sending to a nation that has poisoned

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