Yellen vows 'full array of tools' to curb China's abusive practices

Biden's Treasury pick calls Beijing 'our most important strategic competitor'

20210119N Janet Yellen

Former Federal Reserve chair Janet Yellen, tapped by U.S. President-elect Joe Biden to lead the treasury, echoed the outgoing Trump administration's grievances about China's trade practices at her confirmation hearing Tuesday.

ALEX FANG, Nikkei staff writer

NEW YORK -- The U.S. is prepared to "use the full array of tools" against "abusive" Chinese practices, Treasury secretary nominee Janet Yellen said Tuesday, projecting a tough stance on the bilateral trade row ahead of President-elect Joe Biden's inauguration.

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