US Treasury Secretary Janet Yellen on Friday (July 7) criticised China for its recent 'punitive' measures against US companies as she stressed the need for market reforms in the world's second-largest economy.

Yellen criticises China's 'punitive' measures against US companies, but says decoupling 'impossible'

Sanctions give the impression of punitive action against rogue nations. But in reality, they have failed to create actual changes. What explains the failure of economic warfare through sanctions? WION's Palki Sharma tells you.

Gravitas: Why do sanctions fail?

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Yellen criticises China's 'punitive' measures against US companies, but says decoupling 'impossible'

Gravitas: Why do sanctions fail?