U.S. Treasury Secretary Kicks Off China Visit in Guangzhou

U.S. Treasury Secretary Janet Yellen has commenced a six-day visit to China with meetings in Guangzhou, in her second visit to the country in nine months.

Upon her arrival in the city on Thursday afternoon, the 77-year-old was greeted by Liao Min, a Chinese deputy finance minister, and Nicholas Burns, the U.S. ambassador to China.

“Guangzhou was at the heart of the market-oriented reforms and industrial development that drove China’s tremendous growth,” Yellen said at an event hosted by the American Chamber of Commerce in China (AmCham China) in the city on Friday. It remains the top destination for foreign investment in the country, including from Fortune Global 500 companies, she added.