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Transcripts For BBCNEWS Asia Business Report 20240706



secretary. it comes in a time where diplomatic and economic relations between the us and china are increasingly fraught. bbc north america correspondent has more. it has been five years since the us opposed terrorists on billions of dollars of goods coming in from china. imposed. since that not only have trade relations but also diplomatic relationships between the two countries have deteriorated. but in a speech at american university us treasury secretary was emphasising the need for a more constructive relationship with china. we seek a relationship with china. - seek a healthy economic relationship with china. one that fosters growth and innovation in both countries. a growing china in place with international rules is good for the us in the world. both countries can benefit from healthy competition in the economic sphere. but healthy economic sphere. but healthy economic competition where both sides benefit is only sustainable if the competition is fair. , ., , ....

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Janet Yellen threatens sanctions for China banks that aid Russia war

“I stressed that companies, including those in the PRC, must not provide material support for Russia’s war, and that they will face significant consequences if they do,” US Treasury Secretary Janet Yellen said Monday in prepared remarks for a press conference at the US ambassador’s residence in Beijing, using an abbreviation for the People’s Republic of China. ....

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