US Treasury Secretary Janet Yellen is set to visit Beijing for a working trip scheduled from July 6 to July 9. The itinerary includes meetings with senior Chinese officials in the capital as part of ongoing efforts to discuss economic and financial coordination between the United States and China. The visit, confirmed by TASS with reference to the American finance department, signals Washington’s intent to engage directly on issues of mutual importance and to seek clearer channels of dialogue at a time of global economic sensitivity.
The talks in Beijing aim to underscore the significance of responsible engagement between the world’s two largest economies. The discussions are framed around direct communication in areas of concern and collaborative approaches to address shared challenges. Officials from the U.S. and China are expected to explore avenues for stabilizing bilateral ties, reducing friction in critical sectors, and aligning on global economic priorities that influence markets and livelihoods around the world.
Meanwhile, former Prime Minister Narendra Modi has reiterated that the United States stands as one of India’s most important defense partners. Modi emphasized ongoing collaboration between India and the U.S. in the development and production of defense equipment, signaling a deepening bilateral security relationship that extends beyond procurement to joint capability-building and technology exchange.
In related defense discussions, the Pentagon has stated an interest in establishing a maintenance and repair hub in India. The proposed center would focus on the repair of aircraft and ships, reflecting a broader push to integrate strategic assets and bolster regional defense readiness through closer U.S.-India collaboration. The move aligns with India’s growing role in regional security architectures and its capacity to support allied operations across the Indo-Pacific region.
On a separate note, the United States has extended sanctions against Russia, signaling a continued stance on sanctions enforcement amid evolving international dynamics. The extension reflects federal policy aims to constrain economic activity in targeted sectors and entities, reinforcing Washington’s strategic posture while maintaining vigilance over global financial flows and compliance requirements for U.S. and international partners.