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Yellen urges US-China 'direct' talks on economic concerns

July 08, 2023 / 8:40 PM
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US Treasury Secretary Janet Yellen shakes hands with Chinese Vice Premier He Lifeng during a meeting in Beijing
Sharjah 24 – AFP: Washington and Beijing should communicate "directly" on concerns about specific economic practices, US Treasury Secretary Janet Yellen said Saturday, urging greater cooperation between the world's two biggest economies despite fraught ties.
Yellen is on a four-day trip to Beijing as the United States seeks to cool tensions and stress areas of collaboration between the two countries.

In a meeting Saturday with Vice Premier He Lifeng, she pointed to record bilateral trade last year as proof of just how intertwined they are.

Vice Premier He said Beijing regretted that "unexpected incidents" had derailed efforts to improve ties following a meeting between Presidents Joe Biden and Xi Jinping in November.

On Saturday, Yellen also spoke with women economists, stressing that the US-China relationship was "rooted in the solid ties" between the American and Chinese people.




July 08, 2023 / 8:40 PM

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