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Beijing: Washington W Beijing Concerns about certain economic practices should be communicated “directly” to the United States treasury secretary Janet Yellen On Saturday, he called for more cooperation between the world’s two largest economies despite fraught relations.
Yellen is on a four-day trip to Beijing as the United States seeks to defuse tensions and tensions in areas of cooperation between the two countries.
In Saturday’s meeting with Deputy Prime Minister He Lifeng, she pointed to the record of bilateral trade last year as evidence of how intertwined it is. “There is ample scope for our companies to engage in trade and investment,” she told him at the Diaoyutai State Guesthouse. “When we have concerns about specific economic practices, we should and we will communicate them directly.”
Her bilateral meeting with him lasted about five hours and was followed by dinner. A Treasury statement said it raised issues of concern in the “frank” conversations, while discussing the US approach to healthy economic competition.
Chinese official Xinhua News Agency He added that China “expressed concern” about US sanctions and restrictions, but the two sides agreed to enhance cooperation on global challenges.
Speaking at a roundtable of experts in China on Saturday, Yellen said cooperation between the two powers on climate finance is “very important.” “As the world’s two largest emitters of greenhouse gases and largest investors in renewable energy, we have a shared responsibility – and ability – to lead the way,” she said. “The United States and China must work together to confront this existential threat,” she added.
Yellen is on a four-day trip to Beijing as the United States seeks to defuse tensions and tensions in areas of cooperation between the two countries.
In Saturday’s meeting with Deputy Prime Minister He Lifeng, she pointed to the record of bilateral trade last year as evidence of how intertwined it is. “There is ample scope for our companies to engage in trade and investment,” she told him at the Diaoyutai State Guesthouse. “When we have concerns about specific economic practices, we should and we will communicate them directly.”
Her bilateral meeting with him lasted about five hours and was followed by dinner. A Treasury statement said it raised issues of concern in the “frank” conversations, while discussing the US approach to healthy economic competition.
Chinese official Xinhua News Agency He added that China “expressed concern” about US sanctions and restrictions, but the two sides agreed to enhance cooperation on global challenges.
Speaking at a roundtable of experts in China on Saturday, Yellen said cooperation between the two powers on climate finance is “very important.” “As the world’s two largest emitters of greenhouse gases and largest investors in renewable energy, we have a shared responsibility – and ability – to lead the way,” she said. “The United States and China must work together to confront this existential threat,” she added.
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