U.S.-China Relations and Trade Talks
U.S. Treasury Secretary Janet Yellen met with Chinese Premier Li Qiang in Beijing to discuss U.S. concerns about manufacturing overcapacity in China, focusing on mutual cooperation despite differences.
Key Points
- Mutual cooperation despite differences
- Focus on U.S. concerns about manufacturing overcapacity in China
- Agreement on combating money laundering and balanced economic growth
Pros
- Mutual cooperation emphasized
- Discussion on addressing U.S. concerns about manufacturing overcapacity in China
- Agreement on holding 'intensive exchanges' on balanced economic growth