Janet Yellen’s Role in US-China Economic Relations

Janet Yellen, a distinguished American economist and policymaker, offers unique insights into China. She prioritized safeguarding American interests by advocating a “friend-shoring” strategy, diverging from Trump’s isolationism. Yellen’s commitment to boosting US investment and manufacturing was central to Bidenomics. Her tenure saw notable advancements, including the chip war. Dispelling the China currency manipulation myth, she refocused on domestic concerns like inflation and cautioned against complete China decoupling. Yellen promoted cooperation with China in various areas, from fentanyl control to climate change. Despite right-wing perceptions, she effectively protected US economic interests and improved US-China relations.