Business
Yellen Says US Aims Make Communication With China Resilient
“We seek not to resolve all our disagreements, nor avoid all shocks, because this is in no way realistic. But we aim to make our communication resilient so that when we disagree, when shocks occur, we prevent misunderstanding from leading to escalation and causing harm. ” Treasury Secretary Janet Yellen speaks about the relations between the world’s two largest economies and her plan to visit China again next year. She made the remarks in a speech Thursday in Washington to the US-China Business Council.
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Rep. Michael McCaul says Ukraine is gaining momentum on the battlefield but urgently needs more Patriot interceptors and stronger air defenses to counter Russia’s escalating missile attacks. He urges deeper US-Ukraine defense cooperation, including licensed Patriot production and joint drone development, while arguing sustained military pressure offers the best path to negotiations with Russia.
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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Nuveen Head of Fixed Income Strategy Tony Rodriguez, State Street Global Head of Gold Strategy Aakash Doshi, Coresight Research Founder & CEO Deborah Weinswig, Principal Venture Partners Founder & Managing Partner Songyee Yoon, Alphasimplex Chief Research Strategist Katy Kaminski, Principal Asset Management Chief Investment Officer & Global Head of Equities George Maris, Morgan Stanley Equity Research Managing Director Alex Straton, MNTN CEO Mark Douglas, & Former HUD Sectretary Henry Cisneros.
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01:02:35 Morgan Stanley’s Retail Outlook for Earnings Season
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Bloomberg’s Nic Querolo joins Katie Greifeld on “Bloomberg Real Yield.” After decades of drawing in tens of thousands of new residents as gleaming apartment towers rose near the Hudson River waterfront across from Manhattan, Jersey City has suddenly found itself teetering on the financial brink.
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“The next for them will obviously be data centers in space… And there’s only one company in the world that can pull that off, SpaceX,” says Marathon Asset Management CEO Bruce Richards.
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Media veteran Michael Wolf discusses Allen & Company’s annual Sun Valley Conference and breaks down the mega deals that are reshaping the entertainment industry. He explains why free ad-supported content is the unsung winner of the streaming wars, and digs into the ways AI is changing the value of content.
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@zhuangdavid5037
December 22, 2023 at 12:42 pm
Stop empty talking with hostile actions on the back, more cooperation and peace.
@ooxx1816
December 22, 2023 at 12:42 pm
China should sell all its US debt and de-dollarize. China should not support a US that is sanctioning it every day.
@srobert1838
December 22, 2023 at 12:42 pm
If there is going to be stability and piece The Biden administration must absolutely go. Trump was making progress with China, Russia and the middle east , but the FeD and MIC don't want that. Americans are getting it now.
@_Tony.Montana
December 22, 2023 at 12:42 pm
The US China relationship is broken beyond repair, the current US administration is the worst in the American history. The president is demented the secretary of treasury is a complete idiot and the constant American war won't end.
@jacksmith-mu3ee
December 22, 2023 at 12:42 pm
Yellen take your meds
@heathreeves6327
December 22, 2023 at 12:42 pm
Why?
@eIectrostatic
December 22, 2023 at 12:42 pm
So, she basically wants China to share its playbook, plans, strategy, with the US government and while we're at it, also share its list of foreign transactions so that the US can better counter China and easier pressure/sanction China's trading partners…
@Capeau
December 22, 2023 at 12:42 pm
Meanwhile China stealing all the IP it can get it hands on.
@sukarno
December 22, 2023 at 12:42 pm
Why does having relations with US feel like a relationship with someone with bipolar?
@user-zd1wz7mn5s
December 22, 2023 at 12:42 pm
Sure, You can be as resilient as you like, but China isn’t the one with gigantic debt problem.
@donarrivas1675
December 22, 2023 at 12:42 pm
The WS cannot be healthy without china… Every top smart economist knows that. Unfortunately, the top smart econonists don't live in the U.S anymore!
@wangyaohan8824
December 22, 2023 at 12:42 pm
nobody buying US debt, she will come to china to beg…
@ArabicReja973
December 22, 2023 at 12:42 pm
Visiting China next year?
Yellen must have been hooked with
either Yunnan psychedelic mushrooms or Chinese tea for sure.
@lastChang
December 22, 2023 at 12:42 pm
What is the point of talking with the Chinese🇨🇳?
– When was the last time China kept its promises or honoured its signatures?
@ntxdirect1835
December 22, 2023 at 12:42 pm
I didn’t know trolls can speak
@owenhoong88
December 22, 2023 at 12:42 pm
Always blaming others, no wonder trump is so popular. Because that's the American way. While you are pointing finger to China, how about your policy of raising interest rate that affects so many countries?
@aihong2971
December 22, 2023 at 12:42 pm
She is representing the USA as a client talking to their Banker in Beijing. With great cordiality 😂