Treasury Secretary Janet Yellen indicated the likelihood of upcoming meetings with Chinese Vice Premier He Lifeng, emphasizing the critical importance of U.S.-China relations during her remarks at the Texas Tribune Festival. Yellen expressed openness to both hosting He in the U.S. and possibly visiting China herself, suggesting that diplomatic engagements are imminent. She pointed out the need for collaboration on issues like climate change and debt relief, while acknowledging existing economic tensions between the two nations. Additionally, Yellen hinted that she might step down after President Biden's term ends in January, marking a potential transition in U.S. economic leadership. Despite her concerns about employment risks, she expressed optimism regarding a resilient U.S. economy characterized by stable job creation and controlled inflation.