Yellen states her talks with Chinese financing chief laid foundation for Biden’s conference with Xi

Yellen states her talks with Chinese financing chief laid foundation for Biden’s conference with Xi

U.S. Treasury Secretary Janet Yellen states she and her Chinese equivalent have concurred to work towards a “healthy financial relationship,” throughout 2 days of talks that she stated assisted lay the foundation for a efficient conference next week inbetween Presiden…

ByMICHAEL LIEDTKE Associated Press and FATIMA HUSSEIN Associated Press

November 10, 2023, 3: 57 PM

Treasury Secretary Janet Yellen, right, sits next to Chinese Vice Premier He Lifeng Friday, Nov. 10, 2023, in San Francisco. Yellen and Lifeng met on Thursday in the San Francisco, the latest in a string of senior level engagements between the nations in recent months aimed at easing tensions. (AP Photo/Eric Risberg)

Treasury Secretary Janet Yellen, ideal, sits next to Chinese Vice Premier He Lifeng Friday, Nov. 10, 2023, in San Francisco. Yellen and Lifeng fulfilled on Thursday in the San Francisco, the newest in a string of senior level engagements inbetween the countries in current months intended at relieving stress. (AP Photo/Eric Risberg)

The Associated Press

SAN FRANCISCO — U.S. Treasury Secretary Janet Yellen stated Friday that she and her Chinese equivalent concurred to work towards a “healthy financial relationship,” throughout 2 days of talks that she stated assisted lay the foundation for a efficient conference next week inbetween President Joe Biden and Chinese President Xi Jinping.

Yellen stated numerous differences stay inbetween the 2 nations, however she and Chinese Vice Premier He Lifeng devoted to working together “on worldwide obstacles, from financialobligation problems to environment change-related financial problems.”

And both nations, she stated, “welcome the goal of a healthy financial relationship that supplies a level playing field for business and employees in both nations and advantages the 2 individuals.”

She included that she prepares to return to China next year after making her veryfirst journey there as treasury secretary in July.

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