During the multi-day endeavor, Yellen accused China of saturating global markets with cheap goods, which the U.S. itself caused back in the 1970s and 1980s when it offshored America's manufacturing industry to the Far East.
Yellen made it very clear that she will not be pleased if China or anyone else provides material support for Russia now that it is clear the West is losing the war in Ukraine.
"Secretary Yellen emphasized that companies, including those in the PRC, must not provide material support for Russia's war against Ukraine, including support to the Russian defense industrial base," said the U.S. Treasury in a statement following Yellen's meeting with Chinese counterpart He Lifeng in Guangzhou.
Any company that is found supporting Russia in any way will "face consequences if they do so," Yellen's agency further threatened.
(Related: In Yellen's view, America can "absolutely" afford another war.)
The Russia-China powerhouse
Such threats have technically been made since the beginning of Russia's special military operation in Ukraine, which began in February 2022. However, things are now escalating after it was revealed that some Chinese firms are supplying Russia with war materials.
A Bloomberg report recently revealed that Chinese companies are supplying microelectronics and machine tools for Russia to produce tanks, optics and propellants for use in missiles.
Human knowledge is under attack! Governments and powerful corporations are using censorship to wipe out humanity's knowledge base about nutrition, herbs, self-reliance, natural immunity, food production, preparedness and much more. We are preserving human knowledge using AI technology while building the infrastructure of human freedom. Speak freely without censorship at the new decentralized, blockchain-power Brighteon.io. Explore our free, downloadable generative AI tools at Brighteon.AI. Support our efforts to build the infrastructure of human freedom by shopping at HealthRangerStore.com, featuring lab-tested, certified organic, non-GMO foods and nutritional solutions.
Neither Moscow nor Beijing have yet commented on that report. They have, however, denied American claims that the Russian military purchased ammunition and "dual use" technology with both military and civilian applications from China.
We know that Russian President Vladimir Putin and Chinese President Xi Jinping forged a "no limits" partnership in February 2022 that deepened their military and diplomatic cooperation in the years since.
Russia is now the leading supplier of oil to China. The Russian space agency Roscosmos also just announced a partnership with China to build an automated nuclear reactor on the moon by the year 2035.
The U.S., meanwhile, is finding itself increasingly left behind in the global trade schematic, though Yellen insists the U.S. intends to "pursue a healthy economic relationship with China."
Yellen is upset, though, that China is producing and exporting what she says is more "than the global market can bear."
"It is in China's best interest that the U.S. and Anglo-Saxon 'rule-based order' is defeated," one commenter noted about how Yellen's threats are more than likely being laughed at by Beijing.
"What Yellen is doing is complaining to Russia for screwing up the money masters' plan," wrote another. "Russia and China don't have to do much to hear the complaints."
"The Western order is falling apart fast. The rate cuts will not happen. No way are big banks strangling Americans coming down. Free money taken by big banks loaned to government debt payments and American public now paying 22.75 percent interest on credit cards."
Another joked that Yellen's clear attempts "to become a man" are failing, as demonstrated by her transition that "appears to be the longest ever."
"This is the clown who presides over the biggest national debt the world has ever seen and she doesn't know what to do about it," wrote another. "She is the one who came up with that hairbrained idea of oil price caps. I'm a bit surprised that the Chinese allow her to even come to China, for what exactly? To get threatened by this geriatric? Give me a break!"
When will the U.S. learn that it no longer has control over world affairs? Find out more at Collapse.news.
Sources for this article include:
Please contact us for more information.
