U.S. Treasury Secretary Janet Yellen is in Beijing for a four-day trip aimed at easing tensions between the U.S. and China. Yellen is meeting with Chinese Premier Li Qiang today. Yellen has criticized China’s “punitive actions” and obstacles imposed on U.S. companies, including export controls on minerals and denying market access. The U.S. has imposed its own restrictions on China, focusing on its technology trade with the U.S. This is Secretary Yellen.

Treasury Secretary Janet Yellen: “The U.S. seeks healthy economic competition with China. But healthy economic competition, where both sides benefit, is only sustainable if that competition is fair.”

Climate change envoy John Kerry is set to visit China next week to resume talks on the climate crisis. China and the U.S. are the world’s two biggest polluters, as well as the two largest investors in clean energy.