Washington and Beijing agree to discussions on “balanced” economic growth. Janet Yellen's visit, her second to China in a year, comes at a time when Washington and Beijing are at odds over a number of subjects.

US Secretary of State Antony Blinken is also expected to visit China in the coming weeks. Washington has repeatedly called on Beijing to cooperate to stem the devastating trafficking of fentanyl, a synthetic opiate often originating from factories in China and sold illicitly in the United States.