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Bessent Says US-CN Relations in Very Favorable Position, US Doesn't Wish to Decouple from CN
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US Treasury Secretary Scott Bessent stated that the current US-China relations are in a very favorable position, according to foreign media reports.

The two countries will continue to maintain a competitive relationship, yet Bessent stressed that while the US welcomes China as a competitor, it hopes for fair competition.

Related NewsVehicle Sales YoY for Jan in China is -0.2%, higher than the previous value of -6.2%.
Bessent also added that the US doesn't wish to decouple from China, but there is indeed a need to mitigate related risks.
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