China’s Vice Premier Liu He speaks with U.S. Treasury Secretary Yellen
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October 26, 2021
BEIJING (Reuters) -China’s Vice Premier Liu He spoke with U.S. Treasury Secretary Janet Yellen on Oct. 26 via video call and talked about the macroeconomic situation and bilateral relations, according to a readout from China’s commerce ministry.
Both sides said it was important for the two countries to strengthen communication and coordination on macroeconomic policies, according to the readout.
China also expressed its concerns over U.S. tariffs and the fair treatment of Chinese companies, said the readout.
Liu, who has led China’s negotiations in Sino-U.S. trade talks since former U.S. President Donald Trump embarked on a trade war with Beijing, has held talks with both Yellen and U.S. Trade Representative Katherine Tai earlier this year.
Increased engagement between the trade and economic chiefs of the world’s largest economies since Joe Biden became U.S. president in January comes even as the U.S. administration criticises Beijing on human rights abuses and seeks to rally other rich nations to form a united front against China.
Earlier in October, Tai pledged to exclude some Chinese imports from tariffs while pressing Beijing over its failure to keep some promises made in a “Phase 1” trade deal made under the Trump administration.
(Reporting by Gabriel Crossley; Editing by Christopher Cushing)
Source Link China’s Vice Premier Liu He speaks with U.S. Treasury Secretary Yellen
Tajammul Pangarkar
Tajammul Pangarkar is a CMO at Prudour Pvt Ltd. Tajammul longstanding experience in the fields of mobile technology and industry research is often reflected in his insightful body of work. His interest lies in understanding tech trends, dissecting mobile applications, and raising general awareness of technical know-how. He frequently contributes to numerous industry-specific magazines and forums. When he’s not ruminating about various happenings in the tech world, he can usually be found indulging in his next favorite interest - table tennis.
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