Was China’s ‘rainbow reception’ for Janet Yellen warmer than Antony Blinken’s ‘snub’?

There was no red carpet for US Treasury Secretary Janet Yellen when she visited China, but to many, she did receive a very warm welcome – compared to her colleague, US Secretary of State Antony Blinken, who was in China weeks earlier.

During a four-day visit, Yellen, arguably the most dovish official in the Biden administration, met many senior economic and financial officials, including Chinese Premier Li Qiang, finance chief Liu Kun, central bank governor Yi Gang and Vice-Premier He Lifeng.