Yellen says US seeking healthy competition with China

<ul><li>We're not after a winner-take-all approach</li><li>US, China should not allow disagreements to lead to misunderstandings that worsen bilateral ties</li></ul><p>Meanwhile, China's premier Li says that ties between the two countries will see a "rainbow" after the wind and rain. Well, he didn't exactly specify that we are well after the latter part yet.</p>

This article was written by Justin Low at www.forexlive.com.