Xi Jinping sees red as U.S. aims to curtail technology investment in China

The US Treasury secretary arrived in Beijing on Thursday, kicking off a visit aimed at improving communication and stabilising the tense relationship. Yellen's China visit marks the second trip by a cabinet official since ties between world's top two economies deteriorated further, earlier this year. Washington has shifted from being ambiguous about how far it was supporting decoupling to explicitly adopting a strategy of de-risking instead. Analysts, however, do not expect a quick resolution to tensions. US Is considering a programme to restrict certain outbound investments involving sensitive technology with national security implications, an issue that has riled China. Other possible sticking points include amendments to China's anti-espionage law. The statute recently broadened definition of spying while banning transfer of information relating to national security. The move has spooked foreign and domestic businesses.