“Marketplace” host Kai Ryssdal visits his former Beijing neighborhood and reflects on decades of rapid change in China’s economy.

“Marketplace” host Kai Ryssdal and Shanghai correspondent Jennifer Pak walk around Sanlitun, where Ryssdal lived in the 1990s.

“Especially with COVID … we’ve grown apart and misunderstandings have developed,” Yellen says. “It’s necessary to meet to discuss our differences openly.”

Treasury Secretary Janet Yellen intends to steady U.S.-China relations while looking out for American companies.

U.S. legacy automakers are losing ground to Tesla and Chinese companies like BYD in China, once considered a major new market.

But there’s no shortage of issues to discuss between the world’s two largest economies.

In March, the Treasury secretary told Marketplace that the U.S. and China need to put a “floor” under their relationship.

Some city-dwellers are heeding the call of China’s government for people to return and revive the countryside.

The difficult relationship between the U.S. and China has many economic contours to it. One of the complaints on the U.S. side for years has been about theft of intellectual property. That tension is now extending into the world of investment, particularly startups.

Among them are New Zealand, Germany and, probably, China.