Despite Yellen's optimism, at least one analyst feels that relations between the US and China remain tenuous.
"Trouble is, even if on a surer footing, one cannot shake off the feeling that US-China relations remain on the wrong foot," Vishnu Varathan, the head of economics and strategy at Mizuho Bank's Asia and Oceania treasury department, said in a Monday note. "The silver lining is that candid conversations, resulted in common ground on: ensuring there is no dis-engagement , and; not allowing diplomatic spats to usurp economic ties, with adverse spillover," he wrote.Subscribe to push notifications
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: