The US-China relationship will continue to face challenges, and the management of “shocks” when they occur will be key to preventing escalation, US Treasury Secretary Janet Yellen said in prepared remarks Thursday. “We seek not to resolve all our disagreements nor avoid all shocks. This is in no way realistic,” she said in comments to be delivered at the US-China Business Council’s 50th anniversary dinner in Washington. But Yellen added, laying out priorities for US-China economic ties next year, that Washington aims to “make our communication resilient.” This is so that when both sides disagree and shocks occur, “we ... (full story)