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Janet Yellen recaps a “constructive” trip to China

Marketplace

Marketplace

Business, News

4.68.6K Ratings

🗓️ 10 July 2023

⏱️ 28 minutes

🧾️ Download transcript

Summary

“I believe there is a desire on both sides to stabilize the relationship” between the U.S. and China, Treasury Secretary Janet Yellen told us at the end of her first trip to Beijing. Kai Ryssdal sat down with Yellen at the American embassy to recap the trip, discuss the balance between national security and economic concerns, and examine her new role as economist-turned-diplomat. Later, we’ll meet up with China correspondent Jennifer Pak about how the country has changed in the past few years, and why state media frames America as in decline.

Transcript

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0:00.0

Hey everybody, it's Kai.

0:01.6

Listen, is it time to upgrade your car?

0:04.2

Give it new life by donating it to Marketplace.

0:06.8

We'll use the proceeds to bring you more news

0:08.7

about finance and the economy and how they affect you.

0:12.3

Let us turn your old car into a donation

0:14.5

to power the journalism you rely on.

0:16.5

Go to Marketplace.org slash vehicle

0:18.6

to donate your car today.

0:22.2

I caught a quick ride this past Friday

0:24.1

from our China car sponge, Jennifer Pat.

0:26.5

This is definitely not like my minute.

0:31.0

All right, welcome to Beijing.

0:33.6

Thank you.

0:34.6

It's crazy to be back to be totally honest with you.

0:38.9

I was talking to one of my kids my oldest son the other day

0:41.0

and asking him when was the last time we were here

0:43.0

and I was like, it's gotta be like 2018 or something.

0:45.3

He said no, it's 2015.

0:47.4

Oh wow.

0:48.0

Yeah.

0:49.4

That's not even the first time.

...

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