Yellen Calls for US-Europe to Cooperate on China

The transcript discusses the importance of engaging with China on shared economic interests, highlighting areas such as trade, investment, and climate policies. It emphasizes the need for cooperation rather than unilateral actions, as seen in the Biden administration's approach. The goal is to encourage China to adopt fair practices, ensuring a level playing field for global competition and cooperation.

Why is it important for the U.S. to engage with China collectively rather than unilaterally?

What is the significance of global cooperation in relation to China?