


Treasury Secretary Janet Yellen will travel to Beijing Thursday as part of an ongoing Biden administration effort to thaw U.S.-China relations, a senior Treasury official said.
Yellen, who has called the notion of an economic decoupling from China “disastrous,” has frequently said in the past year that she would like to visit China.
She says the two nations “can and need to find a way to live together” in spite of their strained relations over geopolitics and economic development.
Yellen will meet this week with Chinese officials, U.S. companies doing business in China and with Chinese people and will stay through July 9, said the official, who spoke on condition of anonymity to discuss details of the trip.
The goal of her visit is to deepen and increase the frequency of communication between U.S. and China, the official said. While there are clear areas of common interest where Yellen can make progress, the official said, there are also significant disagreements that will not be resolved through a single trip.
Workers picketed major Southern California hotels Monday after walking off the job during the July Fourth weekend to demand better pay and benefits.
The strike by bellhops, front desk agents, room attendants, cooks, servers and dishwashers began early Sunday in Los Angeles and Orange counties just as summer tourism ramps up. Employers accused the union of failing to negotiate.
Members of Unite Here Local 11 voted last month in favor of authorizing the strike. In addition to higher wages, the union wants improved health care benefits, higher pension contributions and less strenuous workloads.
Contracts expired at midnight Friday at more than 60 hotels, including properties owned by major chains such as Marriott and Hilton.