In a significant move to maintain economic stability, Chinese Vice Premier He Lifeng held a pivotal video conference with U.S. Treasury Secretary Janet Yellen on Tuesday, as reported by Xinhua.
The discussions focused on sustaining open communication channels, managing differences, and ensuring the continued stabilization of China-U.S. economic relations amidst the United States' political transition period.
He Lifeng and Janet Yellen revisited the progress of China-U.S. economic exchanges and cooperation over recent years. They highlighted the crucial role played by China-U.S. economic and financial working groups, along with other dialogue mechanisms, in upholding the important consensus established by their respective leaders.
The Chinese mainland voiced concerns regarding U.S. economic and trade restrictions, particularly addressing China's stance on the recent trade investigation initiated by the United States.
Xinhua described the video call as candid, in-depth, and constructive. Both parties underscored the necessity of maintaining ongoing communication to navigate and manage the evolving economic landscape effectively.
Reference(s):
He Lifeng, Yellen agree to manage transition period differences
cgtn.com
