Chinese Vice Premier Liu He had a 'constructive' virtual dialogue with U.S. Treasury Secretary Janet Yellen on Tuesday, with both sides agreeing to better coordinate macro policies, according to China's commerce ministry.
Chinese Vice Premier Liu He attends the closing session of the Chinese People's Political Consultative Conference at the Great Hall of the People in Beijing, China May 27, 2020. REUTERS/Thomas Peter/PoolBEIJING, July 5 - Chinese Vice Premier Liu He had a "constructive" virtual dialogue with U.S. Treasury Secretary Janet Yellen on Tuesday, with both sides agreeing to better coordinate macro policies, according to China's commerce ministry.
China also expressed concern over the additional tariffs that the United States had imposed on Chinese goods, in an exchange that was "pragmatic and frank", the ministry said in a statement. The U.S. Treasury Department concurred in its own statement, saying the exchange was "candid and substantive", but did not mention China's concern about U.S. tariffs.U.S. President Joe Biden is in the process of making up his mind on easing U.S. tariffs on China, in part to ease inflation which he has said is a top priority.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China Starts Trial of Vanished Canadian-Chinese BillionaireMore than five years after he mysteriously disappeared, Canadian-Chinese billionaire Xiao Jianhua is standing trial in mainland China, marking progress in a protracted case that has baffled the country’s business community.
Read more »
China's Liu He and U.S. Treasury Secretary Janet Yellen hold virtual talksChina's Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen held a virtual call about macroeconomic issues, according to statements from both sides.
Read more »
US Treasury: Yellen-Liu virtual meeting was part of efforts to maintain open lines of communicationUS Treasury Department releases a statement, with their take on the virtual call between Chinese Vice Premier Liu He spoke with Treasury Secretary Jan
Read more »
China Auto Maker Geely Ventures Into SmartphonesA subsidiary of Zhejiang Geely Holding Group has acquired a 79% stake in lesser-known Chinese smartphone maker Meizu Technology, one of China’s earliest smartphone makers.
Read more »
‘Lighting up the Stars’ Expands Lead at China Box Office with $44 Million Second WeekendSentimental local drama film “Lighting Up the Stars” topped the mainland China cinema box office for a second weekend. Its haul was nearly 40% bigger than in its debut session. The film grossed RMB…
Read more »