Talk, trouble

US Treasury Secretary Janet Yellen said the United States would resume discussions with China on economic issues at an appropriate time but is continuing to warn Beijing of the consequences of violating U.S. sanctions on Russia. At a news conference ahead of a G20 financial leaders meeting in Bengaluru, Yellen said communication between the United States and China was important for “the sake of the entire globe.Some engagements between Washington and Beijing have been suspended following the downing of a suspected Chinese surveillance balloon that floated over the continental United States, leaving the timing of previously planned visits to China by Yellen and Secretary of State Antony Blinken unclear.Yellen said she did not have any details on timing of her visit focused on economic and financial issues, but said: ‘I believe we will resume at an appropriate time those discussions.’ She also said she was hopeful that China would cooperate with other countries seeking to provide debt relief to distressed countries, especially Zambia and Sri Lanka.