How Embarrassing: Janet Yellen back to China Begging for Money?
Janet Yellen, the US Treasury Secretary, is gearing up for her second trip to China. But what does this trip really signify?
Some say it reflects the desperation of the Biden Administration. The US needs funds, and where better to turn to than China, known for its deep pockets?
But will China be willing to lend money to the US? Or will they snub America's request, considering the recent tensions over Taiwan and the shifting global order?
The US's influence seems to be waning, with China's power rising rapidly. Yellen's trip comes at a critical juncture, where the balance of power is being tested.
As the world watches with bated breath, one thing is clear - the outcome of this trip could have far-reaching consequences for both countries and the global economy. Will China come to America's aid? Or will they assert their dominance and refuse to lend a helping hand?
Stay tuned as we follow Janet Yellen's desperate trip to China and see how this high-stakes game of power and money unfolds.
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Link to articles:
https://www.history.com/topics/asian-history/china-timeline
https://www.aljazeera.com/program/newsfeed/2024/3/6/chinese-coast-guard-ship-blasts-water-cannon-at-philippine-vessel
https://www.france24.com/en/asia-pacific/20240322-record-number-of-chinese-aircraft-detected-around-taiwan-says-govt
https://www.politico.eu/newsletter/china-watcher/spy-balloon-memories/
https://home.treasury.gov/news/press-releases/jy1994
https://www.politico.com/news/2024/03/23/janet-yellen-to-make-second-trip-to-china-next-month-00148702
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