"Yellen and China's He to Discuss Global Concerns on Excess Industrial Capacity"
TL;DR
Secretary of the Treasury Janet Yellen announced new initiatives following her meeting with Vice Premier He Lifeng of China, including intensive exchanges on balanced growth in domestic and global economies to address macroeconomic imbalances and overcapacity concerns, as well as joint cooperation on anti-money laundering to combat illicit finance and financial crime. The initiatives aim to advance American economic interests, protect national security, and strengthen the economic relationship between the two countries.
Topics:nationinternational-relations-economic-policy#anti-money-laundering#economic-cooperation#financial-stability#international-relations-economic-policy#trade-relations#us-china-initiatives
- Statement from Secretary of the Treasury Janet L. Yellen on Announcement of New U.S.-China Initiatives Following Meeting with Vice Premier He Lifeng of the People's Republic of China Treasury
- Yellen says global concerns growing over China's excess industrial capacity Reuters
- U.S. and China to hold talks on 'balanced growth' amid overcapacity concerns, Yellen says CNBC
- Yellen Faces Diplomatic Test in Urging China to Curb Green Energy Exports The New York Times
- Yellen, China's He Agree to Talks Aimed at 'Balanced Growth' Bloomberg
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